Schmolz & Bickenbach AG Lowers Guidance for Fiscal Year 2019 and Plans Capital Increase Call Transcript
Dear, ladies and gentlemen, welcome to the conference call of SCHMOLZ + BICKENBACH AG. At our customer's request, this conference will be recorded. (Operator Instructions)
May I now hand you over to Ulrich Steiner, who will lead you through this conference. Please go ahead.
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Thank you very much. Ladies and gentlemen, thank you for dialing to today's conference call and your interest in SCHMOLZ + BICKENBACH. With me on the phone today are Clemens Iller, CEO; and Matthias Wellhausen, CFO of our company. As you have probably seen this morning, we have issued 2 media releases, 1 on the planned capital increase, the other 1 on an adjustment of our guidance for the fiscal year 2019. After a short introduction now to the call by Clemens and Matthias to the recent development, you will have the opportunity then to ask questions.
With this, I hand over to Clemens. Clemens, please.
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