WashTec AG (OTCPK:WHTAF)

$ 40.0054 0 (0%) Market Cap: 548.11 Mil Enterprise Value: 602.57 Mil PE Ratio: 18.02 PB Ratio: 6.97 GF Score: 66/100

Q2 2024 Washtec AG Earnings Call Transcript

Aug 05, 2024 / 01:00PM GMT

Release Date Price: $42

Transcript

Michael Drolshagen

Washtec AG - Chief Executive Officer

Ladies and gentlemen, on behalf of the WashTec Board, I would like to welcome you to the Half Year Earnings Call Presentation 2024. Attending the call with me is my colleague, Andreas Pabst, our CFO of WashTec. After 90 days, I can say with a smile on my face that the decision to go to WashTec was absolutely the right one. Why did I choose WashTec? Firstly, I had the feeling end of February that there's a high commitment from Board of Directors and, of course, from my two colleagues in the Board, Andreas and Sebastian, but also that there are strong corporate values as well as long-standing employees with a high level of know-how on one side and, on the other side, new kids on the block who bring new ideas into the team.

Secondly, the company itself has a huge market localization with a diversified customer portfolio, strong technical products with the ability to scale business and all in the organization as well as in the investor I met so far are long-term oriented. Last but not least, thirdly, and for the employees, attractive and

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