Siltronic AG (SSLLF) CEO Christoph Von Plotho on Q4 2019 Results - Earnings Call Transcript

Mar. 09, 2020 10:35 AM ETSiltronic AG (SSLLF)
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Siltronic AG (OTCPK:SSLLF) Q4 2019 Results Earnings Conference Call March 9, 2020 5:00 AM ET

Company Participants

Petra Müller - Corporate Vice President, Head of Investor Relations & Communications

Christoph Von Plotho - CEO

Rainer Irle - CFO

Conference Call Participants

Francois Bouvignies - UBS

Achal Sultania - Credit Suisse

Amit Harchandani - Citigroup

Florian Treisch - Commerzbank AG

Gustav Froberg - Berenberg

Martin Jungfleisch - Kepler Cheuvreux

Veysel Taze - Bankhaus Lampe

Jürgen Wagner - MainFirst Bank

Robert Sanders - Deutsche Bank


Hello, everyone. And welcome to Siltronic's conference call. Please note that this call is being recorded and also streamed on Siltronic's website. The call will be available as an on-demand version later today. Your participation in this call implies your consent with this.

At this time, I would like to turn the conference over to Petra Müller, Head of Investor Relations and Communications of Siltronic AG.

Petra Müller

Thank you, operator. Welcome, everybody, to our 2019 results presentation. With me are Chris Von Plotho, our CEO; and Rainer Irle, our CFO. Covering our initial procedure, Chris will talk with some remarks on the results. Rainer will then comment on key financials, followed Chris again updating you on our guidance and current market developments. After the introduction, we will be happy to take your questions. Please note that our presentation contains the usual Safe Harbor statement and applies throughout this call and presentation. Today, we have published all documents relating to our 2019 reporting. They are available on our website.

And now I turn over the call to Chris for opening remarks.

Christoph Von Plotho\

Good morning, ladies and gentlemen. 2019 was challenging with the ongoing general global economic slowdown, geopolitical uncertainties and high inventories in the value chain of our customers, wafer shipments were down by roughly 7% compared to the

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