Q4 2019 ADO Properties SA Earnings Call Transcript
Good afternoon, all, and welcome to the analyst and investor presentation for the 2019 full year results for ADO Properties and ADLER Real Estate. (Operator Instructions)
I will now hand over to Max Rienecker, Co-CEO of ADLER Real Estate; and Thierry Beaudemoulin, CEO of ADO Properties, who will talk you through the presentation.
Good afternoon. Thank you for all joining today dialing in from your office, which is often the case, but you are -- most of them dialing also from your home. This is clearly a remarkable time that we are all experiencing. I hope that you and your family are doing well.
Let me start on Page 4. COVID-19 is impacting all of us. And as such, I would like to give you detail on the action of our government, and our company has taken to safeguard the well-being of our tenants and employee. Germany is one of the wealthiest country in Europe. It has a very strong welfare system, which is shown on the proactive measure that has been put in place following the
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