HELLA GmbH & Co KGaA (OTCPK:HLKHF)
$ 92.65 0.4 (0.43%) Market Cap: 10.40 Bil Enterprise Value: 10.51 Bil PE Ratio: 30.24 PB Ratio: 3.23 GF Score: 76/100
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Q1 2024 Hella GmbH & Co KgaA Earnings Call Transcript

Apr 25, 2024 / 07:00AM GMT
Release Date Price: $96.71
Operator

Good morning, afternoon, ladies and gentlemen, and welcome to the Hella GmbH & Co KgaA conference call regarding Hella results first quarter financial year 2024. The call will be hosted by Bernard Schäferbarthold and Philippe Vienney. The floor will be opened for questions following the presentation. Let me now turn the floor over to Mr. Bernard Schäferbarthold.

Bernard Schaferbarthold
Hella GmbH & Co KgaA - Chairman of the Management Board, Chief Executive Officer, Chief Financial Officer

A very warm welcome to our results call on the first quarter for the fiscal year 2024. I'm very happy together with Philippe to present you our results and to take your questions afterwards. So I would like to start with the highlights of the first quarter. So first of all, again, we would like to highlight the refinancing of our bonds, which matures in May 2024. We successfully placed a promissory note, which was significantly oversubscribed, so that we increased the total amount to EUR200 million to -- with very attractive terms.

Secondly, we completed

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