Full Year 2020 Hellofresh SE Earnings Call Transcript
Dear, ladies and gentlemen, welcome to the conference call 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.
Good morning, everyone. I'm excited to share HelloFresh fourth quarter earnings as well as our full year 2020 results with you today. Both Q4 as well as our full year 2020 were impacted quite a bit by the ongoing COVID-19 pandemic, but it's really important to note that we faced very different circumstances across the many markets in which we operate. Specifically, in the fourth quarter, markets like Australia, New Zealand and to a lesser degree, the U.S. has actually been opening up, while most of our core European markets went into quite harsh measures, shutting down public life by mid-November.
Consequently, we focused a lot on understanding consumer trends in Australia and parts of the U.S. that we're opening up to
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