Aareal Bank AG (HAM:ARLN)
€ 37 0.5 (1.37%) Market Cap: 2.21 Bil Enterprise Value: 26.54 Bil PE Ratio: 0 PB Ratio: 0.69 GF Score: 49/100

Q1 2019 Aareal Bank AG Earnings Call Transcript

May 09, 2019 / 09:00AM GMT
Release Date Price: €29.44 (-3.51%)
Operator

Ladies and gentlemen, thank you for standing by. I'm Stuart, your Chorus Call operator. Welcome and thank you for joining the Aareal Bank AG Q1 2019 Analyst Conference Call. (Operator Instructions) I would now like to turn the conference over to Jürgen Junginger, Managing Director and Head of IR. Please go ahead.

Jürgen Junginger
Aareal Bank AG - MD IR

All right. Good morning, ladies and gentlemen. Thank you for joining our conference call for our Q1 results that our CEO, Marc Hess, will present to you, and later on, we will be happy to take your questions. So Marc?

Marc Oliver Hess
Aareal Bank AG - CFO & Member of the Management Board

Yes. Thank you very much, Jürgen. Good morning from my side, too.

Let me start right away with the presentation. You can find the highlights on Page 3.

Overall, we could summarize that we had a good start into 2019. We have reached all the goals that we had set for ourselves. The operating profit, as you already know, stood at EUR 61 million, so in line

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