Branicks Group AG (OTCPK:DDCCF)
$ 2.48 -0.06 (-2.36%) Market Cap: 212.22 Mil Enterprise Value: 3.00 Bil PE Ratio: 0 PB Ratio: 0.21 GF Score: 69/100

Q1 2023 DIC Asset AG Earnings Call Transcript

May 11, 2023 / 08:00AM GMT
Release Date Price: $7.5 (+2.74%)
Sonja Warntges
DIC Asset AG - Chairwoman of the Management Board, CFO & CEO

Good morning, ladies and gentlemen, and a very warm welcome to DIC's First Quarter 2023 Results Conference Call.

Today, as usual, I'm joined by my colleagues from Accounting and Investor Relations. We will give you now a short presentation of our results and highlights for the first quarter, followed by a Q&A session.

Ladies and gentlemen, just a few weeks ago, we shared news of the most successful financial year in the company's history with you at the general shareholders' meeting. We promised you that we would continue to work to achieve success for DIC Asset AG with the usual dynamic performance and presented our strategy to you and we are on track to do just that.

Therefore, the development of our business activities and the key financial figures for the first quarter of 2023 are in line with our expectations. The market environment remains challenging. The transaction markets are showing a strong decline in the first quarter compared to the previous year. We, therefore, do not expect the

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