PNE AG (LTS:0KUY)

€ 11.17 -0.03 (-0.27%) Market Cap: 853.36 Mil Enterprise Value: 805.06 Mil PE Ratio: 0 PB Ratio: 5.56 GF Score: 74/100

Half Year 2020 PNE AG Earnings Call Transcript

Aug 12, 2020 / 08:00AM GMT

Release Date Price: €5.2 (-1.70%)

Transcript

Markus Lesser

PNE AG - Chairman of Management Board & CEO

Good morning, everyone, from my side. Thank you for joining us today in this conference call on the results of the first half 2020. Before I start with the presentation, I would like to share with you an outline of the presentation and the procedures of today's call. As usual, I will start with an overview of the operational and strategic highlights of the first half 2020. After that, I will comment on our H1 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 procedures for years. As usual, our slides that I will use can be found on our Investor Relations website.

Having said this, I would like to draw your attention to Slide #3. The operating performance in the first half 2020 was clearly marked by the expansion of our power generation portfolio as well as the progress with our business model expansion. Additionally, of course, we had to

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