HelloFresh SE (LTS:0RVI)
€ 10.835 0.205 (1.93%) Market Cap: 1.85 Bil Enterprise Value: 1.52 Bil PE Ratio: 0 PB Ratio: 2.04 GF Score: 63/100

Q1 2021 Hellofresh SE Earnings Call Transcript

May 04, 2021 / 06:45AM GMT
Release Date Price: €65.16 (-5.73%)
Operator

Dear ladies and gentlemen, welcome to the Q1 2021 results of HelloFresh SE. At our customer's request, this conference will be recorded. (Operator Instructions)

May I now hand you over to Dominik Richter, who will lead you through this conference. Please go ahead.

Dominik S. Richter
HelloFresh SE - CEO & Member of Management Board

Welcome, everyone, to our Q1 earnings call. Today, I'd like to quickly refresh your memory on our vision and mission for the company, before covering the highlights of the first quarter and then handing over to Christian for our financials and our updated guidance.

It was less than 10 years ago when we actually started HelloFresh from a blank sheet of paper. Shortly thereafter, we sat down with -- by then, I think it was a 5-person team, and articulated what our mission should be. And as we now go into our 10th year of existence, our mission remains as relevant as on our first day. It says we change the way people eat forever, and what we mean by that is that we offer our consumers an affordable, convenient and

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