Q.Beyond AG (HAM:QBY)
€ 0.712 -0.014 (-1.93%) Market Cap: 90.44 Mil Enterprise Value: 61.06 Mil PE Ratio: 0 PB Ratio: 0.96 GF Score: 67/100
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Q3 2021 q.beyond AG Earnings Call Transcript

Nov 08, 2021 / 03:00PM GMT
Release Date Price: €1.93 (-0.72%)
Operator

Good afternoon, ladies and gentlemen, and welcome to q.beyond's conference call regarding the third quarter results 2021. (Operator Instructions) Let me now give the floor to Mr. Jürgen Hermann. Please go ahead.

Jürgen Hermann
q.beyond AG - CEO & Member of Management Board

Thank you, and hello, and welcome to our Q3 conference call. My name, as mentioned, is Jürgen Hermann. I'm the CEO of the company. And with me like always is Arne Thull, our Head of Investor Relations and responsible for M&A.

Yes, ladies and gentlemen, it was another quarter, by the way, the ninth one, on the execution of our growth strategy, 2020plus, that we launched in spring 2019. And yes, it was, from my point of view, an extraordinary quarter, because we were able to sell our colocation business as promised, and from my point of view, quite successful. And when we look on Page 3, you can see the impact of the sale. But let me start with the revenue development. And you can see that we were able to increase revenues from EUR 35.1 million in the last quarter to EUR 40

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