Branicks Group AG (OTCPK:DDCCF)
$ 2.626 0.026 (1%) Market Cap: 223.21 Mil Enterprise Value: 3.04 Bil PE Ratio: 0 PB Ratio: 0.22 GF Score: 68/100

Half Year 2023 DIC Asset AG Earnings Call Transcript

Aug 03, 2023 / 08:00AM GMT
Release Date Price: $4.6 (-2.13%)
Operator

Dear ladies and gentlemen, welcome to the half year presentation of DIC Asset AG.

I now hand you over to your host, Sonja Warntges, CEO of DIC Asset AG.

Sonja Warntges
DIC Asset AG - Chairwoman of the Management Board, CFO & CEO

Good morning, ladies and gentlemen, also from my side, a very warm welcome to DIC's Half Year 2023 Results Conference Call. Today, as usual, I'm joined by my colleagues from Accounting and Investor Relations Department. And also as usual, we will give a short presentation of our results for the first half year 2023, followed by a Q&A session.

You all, you know the current challenges facing the economy, the global uncertainties, the interest rates, the inflation, of course, these conditions also affect us and had an impact on our half year results. And especially the returns action activity was affected by the lower macroeconomic outlook and the new interest rate environment in Germany.

Let's talk about the highlights of the first half year of 2023. Our focus in recent weeks has been on generating

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