Edited Transcript of FOE earnings conference call or presentation 12-Nov-19 2:00pm GMT [Yahoo! Finance News]
Ferro Corporation (FOE)
Last ferro corporation earnings: 3/2 04:34 pm
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Source: Yahoo! Finance News
Edited Transcript of FOE earnings conference call or presentation 12-Nov-19 2:00pm GMT As you recall, we said over the past 3 quarters that we were seeing markets softening and customer inventory channels spinning as our customers became more conservative with their inventory management. This was especially the case in certain markets in which we participate, such as construction in Europe and automobile production, pretty much around the world. To address this, we redoubled our efforts, as we said we would on optimization. In our prior calls, we have commented on the lack of visibility in the second half of 2019. Many of our customers have had limited visibility into what turned out to be softness in demand for their products and the period it would take to work through their inventories. The challenge we encountered when our customers did not have visibility was made more difficult because of the sheer breadth of our customer base and products. We have 6,700 customers around the wor
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