HELLA GmbH & Co KGaA (WBO:HLE)
€ 86.5 -0.4 (-0.46%) Market Cap: 9.59 Bil Enterprise Value: 9.65 Bil PE Ratio: 29.09 PB Ratio: 3.11 GF Score: 77/100
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Q3 2019 HELLA GmbH & Co KgaA Earnings Call Transcript

Apr 11, 2019 / 08:00AM GMT
Release Date Price: €44.66 (+0.13%)
Operator

Thank you all for standing by, ladies and gentlemen. Welcome to today's HELLA investor update 9 months FY '18 and '19 conference call. (Operator Instructions) Please be advised that today's call is being recorded, that is Thursday, 11th of April 2019.

I would now like to hand the call over to your speaker, Dr. Breidenbach, CEO; and Bernard Schäferbarthold, CFO. Thank you. Please go ahead.

Rolf Breidenbach
HELLA GmbH & Co. KGaA - President, CEO & Member of Management Board

Yes, thank you very much. Yes, ladies and gentlemen, good morning to all of you. Thanks a lot for dialing in. This is Rolf Breidenbach speaking. I would like to welcome you also on behalf of my colleague, our CEO (sic) [CFO], Mr. Schäferbarthold, to the HELLA investor call on our 9 months results.

And before we go through our investor update presentation, allow me please to give you a brief summary on the market and business performance.

As anticipated, the automotive market developed negatively in our Q3. The development was even worse than expected.

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