New Work SE (WBO:NWSE)
€ 66.7 0.8 (1.21%) Market Cap: 367.58 Mil Enterprise Value: 306.87 Mil PE Ratio: 30.70 PB Ratio: 2.79 GF Score: 36/100

Q1 2020 New Work SE Earnings Call Transcript

May 07, 2020 / 12:00PM GMT
Release Date Price: €226.5 (+2.72%)
Operator

Good day, and welcome to the New Work SE Quarter 1 Results Call 2020. Today's conference is being recorded. At this time, I'd like to turn the conference over to Mr. Thomas Vollmoeller. Please go ahead, sir.

Thomas Vollmoeller;Chairman of Executive Board;CEO

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Good afternoon, everyone, and thanks for joining us today. This is Thomas speaking, and Ingo is 1.5 meters away from me. This is a special and challenging time for all of us, and we hope you and your families survived well so far. Here at New Work SE, we will gradually reopen our offices next week after 6 weeks of lockdown. We're extremely proud of our organization and how motivated and productive everyone is. As you can imagine, the current COVID-19 pandemic not only affects the way we work, it obviously affects our members and corporate customers as well. So today's presentation, we will provide you with as many insights as we can about our past performance, current trading as well as the management outlook on how we see things in the long term.

So here's what we

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