Martinrea International Inc Q1 2020 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Mark Neville - Scotiabank Global Banking and Markets, Research Division - Analyst : I actually missed most of the prepared remarks, so I apologize if this is repetitive. But maybe just curious -- I know that visibility is tough right now but can you guys think about sort of incremental or decremental margins in your business? Is there any sort of numbers you can maybe help us with just in terms of our -- for our sort of modeling purposes?

Question: Mark Neville - Scotiabank Global Banking and Markets, Research Division - Analyst : Okay. No, no. That's very helpful. And just -- I believe previously, you're sort of contemplating about $300 million CapEx. Has that number been revised -- a revision at this point?

Question: Mark Neville - Scotiabank Global Banking and Markets, Research Division - Analyst : Okay. And just on the balance sheet, obviously, in the 1.6x, I think liquidity looks pretty good and the amount. I'm just curious -- I don't know if you can share these numbers, but just any financial covenants or -- I mean we're, again, like obviously, in good shape right now, but just so we can be aware of that. without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. MAY 13, 2020 / 9:30PM, MRE.TO - Q1 2020 Martinrea International Inc Earnings Call

Question: Mark Neville - Scotiabank Global Banking and Markets, Research Division - Analyst : Okay. That helps. And maybe just one last thing. Just on the restart of your facilities, and you may have touched on this already but just sort of the schedule. I assume China is fully running, Europe is in the process and North America basically end of the month, everything should be up and running obviously at reduced rates. So is that sort of how to think about it?