Garrett Motion (GTX) CEO, Olivier Rabiller on Q4 2019 Results - Earnings Call Transcript

Feb. 27, 2020 12:25 PM ETGarrett Motion Inc. (GTX) Stock
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Q4: 2020-02-27 Earnings Summary

10-K
EPS of $1.79 beats by $1.04 | Revenue of $830.00M (3.88% Y/Y) beats by $28.09M

Garrett Motion Inc. (NASDAQ:GTX) Q4 2019 Earnings Conference Call February 27, 2020 9:00 AM ET

Company Participants

Olivier Rabiller - President, Chief Executive Officer
Peter Bracke - Vice President, interim Chief Financial Officer
Paul Blalock - Investor Relations

Conference Call Participants

Eileen Smith - Bank of America Merrill Lynch
David Kelley - Jefferies
Joseph Spak - RBC Capital Markets
James Maxwell - Janus Henderson

Operator

Good day and welcome to the fourth quarter 2019 Garrett Motion earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today’s presentation, there will be an opportunity to ask questions. Please note this event is being recorded.

I would now like to turn the conference over to Paul Blalock. Please go ahead.

Paul Blalock

Thank you. Good day everyone and thanks for listening to Garrett Motion’s fourth quarter and full year 2019 conference call.

Before we begin, I’d like to mention that today’s presentation and press release are available on the Garrett Motion website at garrettmotion.com, where you’ll also find links to our SEC filings along with other important information about Garrett.

Turning to Slide 1, we note that this presentation contains forward-looking statements regarding our business prospects, goals, strategies, anticipated financial performance, payments to Honeywell, and the anticipated impact of the coronavirus on our business. We encourage you to read the risk factors contained in our financial filings, become aware of the risks and uncertainties in this business, and understand that forward-looking statements are only estimates of future performance and should be taken as such. The forward-looking statements represent management’s expectations only as of today and the company disclaims any obligation to update them.

Today’s presentation also uses numerous non-GAAP measures to describe the

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