Full Year 2018 Deutsche Pfandbriefbank AG Earnings Call Transcript
Good afternoon, ladies and gentlemen, and welcome to the Deutsche Pfandbriefbank AG Preliminary Full Year Results 2018. (Operator Instructions)
Let me now turn the floor over to Walter Allwicher, Head of Communications.
Good afternoon, and a very warm welcome from Munich. We appreciate your time and effort to join us for this results call. Here with me is Andreas Arndt. Andreas will lead you through the presentation and, of course, will be available for your questions after that short presentation. Andreas, please go ahead.
Good afternoon, and good morning for those who might have dialed in from further away. Welcome to our annual results conference. So I'm happy to have you all here this sunny day, almost early summer day in Munich.
To put it in short words, I think we can report on another successful year for PBB. We delivered against an
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