HelloFresh SE (WBO:HFG)
€ 10.87 0.285 (2.69%) Market Cap: 1.85 Bil Enterprise Value: 1.52 Bil PE Ratio: 0 PB Ratio: 2.04 GF Score: 64/100

Q3 2020 Hellofresh SE Earnings Call Transcript

Nov 03, 2020 / 07:45AM GMT
Release Date Price: €46.68 (+1.48%)
Operator

Good day, and welcome to the HelloFresh Q3 2020 Results Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to CEO, Dominik Richter. Please go ahead.

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

Hi, and good morning, everyone. I'm really excited to share HelloFresh third quarter earnings results with you today. High level, it's been a quarter that's turned out very well for us despite continuing to see a challenging operating environment.

Given our global footprint, we've been dealing with a variety of different circumstances in the different markets that we're active in. For example, during the quarter, we noted quite severe government-imposed measures in the U.K. and in parts of Australia; whereas in Germany, Canada and most parts of the U.S., some kind of normalization took place over summer, albeit with the fewer customers breaking up their routine and going on vacation.

On a positive note, we have accumulated a lot of knowledge on consumer behavior and

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