Klepierre (OTCPK:KLPEF)
$ 28.95 0 (0%) Market Cap: 8.27 Bil Enterprise Value: 18.29 Bil PE Ratio: 11.37 PB Ratio: 0.99 GF Score: 65/100

Half Year 2020 Klepierre SA Earnings Call Transcript

Jul 30, 2020 / 07:00AM GMT
Release Date Price: $17.9
Operator

Hello, and welcome to the Klépierre's First Half 2020 Earnings Call. (Operator Instructions)

I am now handing you over to your host, Mr. Jean-March Jestin, CEO, to begin today's conference. Thank you.

Jean;March Jestin;pierre SA;Chairman of the Executive Board
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Good morning, everyone, and thank you for joining us this morning. I am Jean-March Jestin, Chairman of the Klépierre Executive Board, and I'm happy to be here with Jean-Michel Gault, our Deputy CEO to present Klépierre 2020 half year earnings. In this presentation, we will cover 3 topics. First, I will provide you with an update on our business, then Jean-Michel will go over the financials before I wrap everything up.

So let's start with a review of our business. Good news is that all our malls over Europe have reopened since the second week of June. As you are aware of, there has been a lockdown in most countries where we operate roughly between mid-March and mid-May. Except in the Netherlands, Sweden and Norway, where stores

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