New Work SE (OTCPK:XINXF)

$ 60.04 -6.11 (-9.24%) Market Cap: 410.38 Mil Enterprise Value: 342.61 Mil PE Ratio: 30.70 PB Ratio: 2.79 GF Score: 36/100

Q3 2022 New Work SE Earnings Call (German) Transcript

Nov 10, 2022 / 01:00PM GMT

Release Date Price: $57.94

Transcript

Operator

Good afternoon, ladies and gentlemen. On behalf of Montega welcome to the New Work SE earnings call regarding the Q3 figures of 2022. Thank you very much for your interest in dialing in.

You will now hear a presentation on the respective figures by the CEO, Petra Von Strombeck; the CFO, Ingo Chu; and the Head of Investor Relations, Patrick Moller. The floor will be open for upcoming questions following the presentation.

I'll now hand over to you, Petra.

Petra Von Strombeck

New Work SE - Chairman of Executive Board & CEO

Thank you. Hello, everyone, and welcome to our Q3 results update. Thank you for joining us today. Without further ado, let's dive into our business update for the third quarter 2022.

As you all know, the German economy is currently experiencing turbulent times. But while bad news are distributed everywhere, we have good news to share with you today. Currently, we experience a relative decoupling of the economy and economic factors on one hand and the employment index and job vacancies on the other. The workers

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