Q1 2020 Suedzucker AG Earnings Call Transcript
Thank you, and good morning, ladies and gentlemen. We welcome all of you to the conference call this morning. The underlying presentation for the call has been published this morning at 7:30 a.m. CET on our homepage. Today, we released the Q1 statement for financial year 2019-'20. We're going to present the highlights of this period and reiterate our full year guidance. Following the call, we are going to answer your questions. A recording of this call will be available on our homepage shortly following the call.
Now let me hand over to Südzucker's CFO, Thomas Kölbl.
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Ladies and gentlemen, also warm welcome from my side to all of you. As mentioned, I would like to give you a brief overview about the business performance of the first quarter financial year 2019-'20 and details about the full year guidance.
Let me start with the highlights of the first 3 months results on Page 4. Group revenues came in below previous year
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