Q4 2020 Deutsche Post AG Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. I am Emma, your Chorus Call operator. Welcome and thank you for joining the Deutsche Post DHL Conference Call. (Operator Instructions)
I would now like to turn the conference over to Martin Ziegenbalg, Head of IR. Please go ahead.
Thank you, and good morning to everyone out there. After yesterday's release, we stay on the fast track and have our call a bit earlier in the day than usual. So nevertheless, thank you very much for joining. I take it you have the material we are going to talk about in front of you.
And with that, I'd like to hand over right away over to you, Frank.
Yes. Thank you, Martin. Welcome as well for my side good morning. So we want to structure the presentation in 4 pieces. First, to show the -- how we have delivered our Strategy 2020. Melanie will then talk about the key financials, then cash flow, returns,
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