Bilfinger SE (LTS:0NRG)
€ 44.55 0.925 (2.12%) Market Cap: 1.67 Bil Enterprise Value: 1.64 Bil PE Ratio: 6.96 PB Ratio: 1.32 GF Score: 79/100
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Q1 2021 Bilfinger SE Earnings Call Transcript

May 11, 2021 / 12:00PM GMT
Release Date Price: €26.73 (-4.57%)
Bettina Schneider
Bilfinger SE - Head of IR

Good afternoon, and welcome to Bilfinger's conference call on the first quarter of '21. My name is Bettina Schneider. And with us today in the line are Christina Johansson, CFO and Interim CEO as well as Duncan Hall, COO. Christina and Duncan will now present on Bilfinger's business development in the first 3 months of the year. (Operator Instructions)

With this, I hand over to Christina Johansson.

Christina Johansson
Bilfinger SE - CFO, Interim CEO, Labor Director & Member of the Executive Board

Thank you, Bettina. Ladies and gentlemen, welcome also from my side to our conference call on the development of Bilfinger in the first quarter of 2021. I'd like to start on Page 2 where I would first like to give you a short overview of the key figures reflecting the encouraging performance of our company in quarter 1.

In most of our markets, we are experiencing an increase in activity level in our upstream oil and gas activities in the North Sea. However, there were still COVID-19-related

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