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Q4 2020 Ceconomy AG Earnings and Strategy Update Call Transcript
Good morning, everyone. My name is Stephanie Ritschel. I'm the Vice President, Investor Relations at CECONOMY. Welcome. Welcome to this full year results and strategy update webcast. We're excited to be here today, and we have a lot of news to share with you.
Before we start, let me briefly address the usual formalities. This replay is being recorded. A replay will be available on our website later today. Please also kindly take note of the disclaimer.
Having said that, let me now hand over to our CEO, Bernhard Duttmann. Please go ahead.
Good morning, ladies and gentlemen. You see me smiling because I think it's a very good day for CECONOMY. So welcome to our full year results call with our strategy update. We would have liked to welcome you in person. Unfortunately, this is not possible due to corona. We also would have liked to be here with 3 persons: there's our CFO, Karin; and the CEO of MediaMarktSaturn, Ferran. Also this is not
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