Stroeer SE & Co KGaA (XTER:SAX)
€ 48.76 -1.18 (-2.36%) Market Cap: 2.72 Bil Enterprise Value: 3.47 Bil PE Ratio: 25.57 PB Ratio: 7.42 GF Score: 81/100
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Q2 2019 Stroeer SE & Co KGaA Earnings Call Transcript

Aug 08, 2019 / 08:00AM GMT
Release Date Price: €69.1 (+1.92%)
Operator

Good day and welcome to Ströer Publication of Half Yearly Financial Report 2019 Conference Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Udo Müller, Founder and Co-CEO of Ströer. Please go ahead, sir.

Udo Müller;er SE;Co. KGaA;Founder
StrÃ;Chairman of Management Board & Co-CEO

¶&- -

Dear ladies and gentlemen, thank you for joining our Q2 results call today. Together with my Co-CEO Christian Schmalzl, I will present our quarterly results and business update for the second quarter of 2019. But before we start into the presentation, let me welcome Christian Baier, our new CFO. We are very happy to have him on board since last week, and I guess Christian will be in touch with you as soon as he has finished his internal onboarding meetings.

First, I will comment on our main KPIs and what has changed in the past 6 to 9 months and which strategic midterm opportunities we currently see. Christian Schmalzl will then dive deeper

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