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

Half Year 2024 New Work SE Earnings Call Transcript

Aug 06, 2024 / 12:00PM GMT

Release Date Price: $60.04

Transcript

Operator

Good afternoon, and welcome to today's earnings call of New Work SE following the publication of the half-year figures of 2024. New Work is represented by the CEO, Petra Von Strombeck; CFO, Ingo Chu; and Patrick Moller from Investor Relations.

(Operator Instructions) Having said this, I hand over to you, Mrs. Petra Strombeck.

Petra Von Strombeck

New Work SE - Chief Executive Officer, Member of the Management Board

Hello, everyone, and welcome to today's capital markets update call. Today, we are presenting our results and insights for the second quarter 2024.

Let me start with the obvious. This will be our last analyst call because our company is going to be delisted soon. You know the reasons, and you are aware why we choose to pursue this path after Board approached us in April and asked us to examine the potential delisting.

I can assure you that we have put the same effort into this call as always. And let me add from my side that I've always appreciated talking to you, get challenged from you, and get inspired by your

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