Evonik Industries AG (WBO:EVK)
€ 18.405 0.055 (0.3%) Market Cap: 8.57 Bil Enterprise Value: 11.79 Bil PE Ratio: 38.27 PB Ratio: 0.94 GF Score: 76/100

Q1 2020 Evonik Industries AG Earnings Call and Capital Markets Day Transcript

May 07, 2020 / 09:00AM GMT
Release Date Price: €22.09 (+0.14%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Evonik Q1 2020 Earnings Conference Call and Strategy Update Conference Call. (Operator Instructions). I must advise you that this conference is being recorded today, Thursday, the 7th of May 2020.

I would now like to hand the conference over to your speaker today, Tim Lange. Please go ahead, sir.

Tim Lange
Evonik Industries AG - Head of IR

Thank you very much, and welcome, everybody, to today's call. As announced in March, we certainly had to cancel our planned Capital Markets Day in London due to the corona situation. So we decided to combine the strategy update with today's call on the first quarter. We would like to proceed as follows: first part of the call will be on the Q1 reporting, as usual. Christian and Ute will start with a short introduction. And as always, we'll have the Q&A session afterwards. Please focus your question in this part -- in this first part on Q1 on the current trading and the outlook. After around 45 minutes, we will then end that first session, and we

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