Hochtief AG (FRA:HOT)
€ 129.2 1.1 (0.86%) Market Cap: 9.72 Bil Enterprise Value: 5.11 Bil PE Ratio: 13.32 PB Ratio: 13.33 GF Score: 61/100
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Q3 2021 Hochtief AG Earnings Call Transcript

Oct 28, 2021 / 01:00PM GMT
Release Date Price: €68.58 (-1.58%)
Michael Pinkney
HOCHTIEF Aktiengesellschaft - Head of Corporate Strategy

Thanks, operator. Good afternoon to everyone, and thank you for joining the HOCHTIEF results call for the first 9 months of '21. I'm Mike Pinkney, Head of Corporate Strategy, and I'm here with our Chief Executive, Marcelino Fernández; our CFO, Peter Sassenfeld; and our Head of Capital Markets, Tobias Loskamp; along with other colleagues from the senior management team of HOCHTIEF.

We look forward to taking your questions. But to begin with, our CEO will run us through the key highlights of the numbers. Marcelino, all yours.

Marcelino FernÃ;ndez Verdes
HOCHTIEF Aktiengesellschaft - Chairman of the Executive Board & CEO

¡ -

Thank you, Mike, and the team. Good afternoon to everyone, and thanks for joining us.

During the first 9 months of 2021, HOCHTIEF has delivered a resilient performance despite the different impacts of COVID in our core markets, with solid increases in profits, cash flow and new orders. The group ended the period with a net cash

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