GEA Group AG (XTER:G1A)
€ 48.3 0 (0%) Market Cap: 8.01 Bil Enterprise Value: 7.61 Bil PE Ratio: 20.73 PB Ratio: 3.44 GF Score: 78/100
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GEA Group AG to Present Non-cash Impairments Q4 2019 Analyst Call Transcript

Jan 27, 2020 / 03:30PM GMT
Release Date Price: €28.1 (-1.06%)
Florian Geiger;Investor Relations

Good afternoon, ladies and gentlemen. My name is Florian Geiger from the Investor Relations Department of GEA Group. I would like to welcome you to our analyst call regarding the planned noncash impairments for Q4 2019.

I'm joined this afternoon by our CFO, Marcus Ketter. In a minute, Marcus will give you some more background on the news we published today. Afterwards, we are happy to answer the questions you may have.

Let me now hand over to Marcus, please.

Marcus A. Ketter
GEA Group Aktiengesellschaft - CFO & Member of Executive Board

Yes. Hello, everyone. I see good interest. Actually, we have [over] 30 participants here in this call. We want to give you some color why we did an ad hoc. Today with me, I also have the Head of Corporate Accounting and the Head of [Corporate Development].

So let's start first with the good news. The group forecast is unchanged. We confirmed that, and we narrowed actually the range as you can see here in the last paragraph of our talk. And you can

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