Branicks Group AG (OTCPK:DDCCF)
$ 2.5 -0.06 (-2.34%) Market Cap: 211.58 Mil Enterprise Value: 2.58 Bil PE Ratio: 0 PB Ratio: 0.22 GF Score: 68/100
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Q3 2022 DIC Asset AG Earnings Call Transcript

Nov 09, 2022 / 09:00AM GMT
Release Date Price: $7.74 (+5.59%)
Operator

Good morning, ladies and gentlemen, and welcome to the conference call of DIC Asset AG regarding the Q3 results 2022. (Operator Instructions).

Let me now turn the floor over to Sonja Warntges. Please go ahead.

Sonja Warntges
DIC Asset AG - Chairwoman of the Management Board & CEO

Thank you very much. Good morning, ladies and gentlemen. A very warm welcome to DIC's 2022 9 Months Results Conference Call. Today, I'm joined by my colleague, Patrick Weiden, CCMO of DIC Asset and my colleagues from Accounting and Investor Relations. As usual, we will give a short presentation of the highlights of our 9 months results 2022 followed by a Q&A session.

Ladies and gentlemen, as you all know, we are currently experiencing major changes these days. The major uncertainty is particularly with regards to energy supplies and prices, the stability of supply chains and the development of inflation are leading to a clouding of the economy in Germany. At the same time, a recession is expected in 2023. And also the real estate industry is not unaffected

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