EnerSys (NYSE:ENS) Q1 2021 Earnings Conference Call - Final Transcript

Aug 13, 2020 • 09:00 am ET


EnerSys (NYSE:ENS) Q1 2021 Earnings Conference Call - Final Transcript


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Michael J. Schmidtlein

we are awaiting a better understanding of the Motive Power recovery, along with a reduction to the uncertainty of future pandemic restrictions by public authorities. As Dave has described, we continue to expect a continuation of our lower demand in motive markets, while other markets remain constant or may rise. We continue to believe we have taken the necessary steps to position ourselves to not only withstand this challenge but emerge stronger as was the case a decade ago. We believe potential market share enhancements may mitigate lower total market demand, and we remind you of the fact that during the last recession, we delevered and increased our market share.

Now let me turn it back to Dave.

David M. Shaffer

Thanks, Mike. Kevin, we will now open the line for questions.