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

Q3 2019 Krones AG Earnings Call Transcript

Oct 30, 2019 / 01:00PM GMT
Release Date Price: €59.65 (+5.48%)
Operator

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

Christoph Klenk
Krones AG - Chairman of Executive Board & CEO

Yes. Good afternoon, ladies and gentlemen. A warm welcome to the Q3 conference call of Krones. Pleasure to be here today. Before I start with the presentation, one short remark about our new CFO, Norbert Broger, who is joining Krones on the 1st of January 2020. And very briefly, I want to give you a little bit background about Norbert Broger just that you can justify who is coming on Board, if you have not read already.

First of all Norbert Broger worked the last 7 years with the Schuler AG. Schuler AG was still SDAX listed when he joined. Later Schuler was bought by the Andritz Group and Norbert Broger operated there in a very challenging environment for the automotive industry.

Before this engagement Norbert Broger was with Krones and was Head of Controlling. And this is something which allows him

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot