PNE AG (XTER:PNE3)

€ 11 0.2 (1.85%) Market Cap: 842.64 Mil Enterprise Value: 791.24 Mil PE Ratio: 0 PB Ratio: 5.31 GF Score: 67/100

Q1 2020 PNE AG Earnings Call Transcript

May 13, 2020 / 08:00AM GMT

Release Date Price: €4.56 (+4.71%)

Transcript

Operator

Dear ladies and gentlemen, welcome to the analyst conference call of PNE AG. At our customer's request, this conference will be recorded. (Operator Instructions) May I now hand you over to Markus Lesser, CEO, who will lead you through this conference. Please go ahead, sir.

Markus Lesser

PNE AG - Chairman of Management Board & CEO

Good morning, everyone, also from my side. Thank you for joining us today in this conference call on the results of the first quarter 2020. As usual, I will start with an overview of the operational and strategic highlights of the first quarter. After that, I will comment on our Q1 financial figures. I will conclude my presentation with our outlook for the remainder of the year. As always, we will then open the line for the sell-side analysts only. All other participants will stay in listen-only mode as it is our company procedure for years.

As usual, our slides that I will use can be found on our Investor Relations website.

Yes, having said this, let's look to the operational overview. This quarter is one

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