Preliminary Q4 2020 Krones AG Earnings Call Transcript
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; and Mr. Norbert Broger, CFO. The line is yours.
Yes, good afternoon, ladies and gentlemen. Warm welcome on behalf of Krones to our first conference call in 2021. Norbert Broger and myself will present you the preliminary figures for 2020 today. And of course, we'll answer your questions at the end of the presentation. Before Norbert starts with the presentation, some general remarks.
After year with revenues decreased by roughly EUR 600 million and negative EBT in the P&L, of course, nobody can be satisfied. However, in the light of COVID-19 and the operational EBT and EBITDA and as well, very important, the executed measures, the result is, from our point of view, quite good. The measures and action and those to come will give us a good fundament for the 2021 profitability and a good fundament for our midterm targets.
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