Krones AG (XTER:KRN)
€ 118.8 1.2 (1.02%) Market Cap: 3.75 Bil Enterprise Value: 3.45 Bil PE Ratio: 4.46 PB Ratio: 2.05 GF Score: 80/100

Q2 2019 Krones AG Earnings Call Transcript

Jul 25, 2019 / 12:00PM GMT
Release Date Price: €55.6 (-2.03%)
Operator

Good afternoon and welcome to the conference Call of Krones AG. At our customer's request, this conference will be recorded. I will now hand you over to Mr. Christoph Klenk, CEO.

Christoph Klenk
Krones AG - Chairman of Executive Board & CEO

Good afternoon, ladies and gentlemen. Warm welcome to the Krones conference call. First of all, a short introduction of myself. I'm the CEO of Krones. However, I've been 4 years as well, the CFO. Olaf Scholz, the Head of Investor Relationship, is as well with me here on the phone.

First, I would like to start with the point that our CFO, until yesterday, Michael Andersen, has left Krones yesterday in mutual agreement. And at this point, I would like to thank you to Michael Andersen for what he has done for Krones and the engagement he has with Krones. We have some new investors in the call. So that's why I'm running later on, very briefly, a little bit through about what is Krones.

Before I start the presentation, we are running through the slides, I would like to make one remark before. Of course,

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