Klepierre (OTCPK:KLPEF)
$ 31.273 -0.947 (-2.94%) Market Cap: 8.96 Bil Enterprise Value: 17.39 Bil PE Ratio: 12.28 PB Ratio: 1.01 GF Score: 66/100
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Full Year 2020 Klepierre SA Earnings Call Transcript

Feb 18, 2021 / 08:00AM GMT
Release Date Price: $22 (-1.79%)
Operator

Hello, and welcome to the Klépierre 2020 Full Year Earnings Call. My name is Josh, and I will be your coordinator for today's event. Please note that this conference is being recorded. (Operator Instructions)

I will now hand you over to your host, Jean-March Jestin, CEO of Klépierre, to begin today's conference. Thank you.

Jean;March Jestin;pierre SA;Chairman of the Executive Board
KlÃ

©-

Good morning, everyone, and thank you for joining us this morning. I am happy to be here with Jean-Michel Gault, our CFO; and Beñat Ortega, our Chief Operating Officer, to present Klépierre's 2020 full year earnings.

2020 has been a challenging year for the company, our colleagues and communities where we serve. Our company has not been immune to the exceptional health situation we have known. Due to lockdown orders placed on them, our malls have been closed several times in almost all geographies for an aggregate amount of more than 2 months. This is the equivalent of 660,000 trading days for our

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