Grenke AG (LTS:0R97)

€ 15.75 0.06 (0.38%) Market Cap: 709.36 Mil Enterprise Value: 3.96 Bil PE Ratio: 9.77 PB Ratio: 0.53 GF Score: 64/100

Q4 2021 Grenke AG Earnings Call Transcript

Mar 17, 2022 / 10:30AM GMT

Release Date Price: €30.84 (+17.55%)

Transcript

Anke Linnartz

GRENKE AG - VP, IR

Good morning, ladies and gentlemen. Welcome to our today's call. My name is Anke Linnartz. I'm Head of IR at GRENKE. And with me today are Michael BÃ¼cker, our CEO; and Dr. Sebastian Hirsch, our CFO.

Just before we led into things, I would like to let you know that this call is being recorded and will be archived on our website. We will start off with the presentation by Michael BÃ¼cker and Dr. Sebastian Hirsch and are going to have a Q&A session right after the presentations.

I stop here, and I pass the call on to Michael BÃ¼cker.

Michael BÃ¼cker

GRENKE AG - CEO

Welcome, ladies and gentlemen, to the presentation of our results for the 2021 financial year. And before diving right into numbers, I would like to start by giving you an update on where we stand at the moment on a few central topics.

First, a few weeks ago, in February, the German Federal Financial Supervisory Authority, so-called BaFin, announced that it had officially finalized its institution-related measures as part of special

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