Q3 2020 Deutsche Beteiligungs AG Earnings Call Transcript

Aug 06, 2020 / 08:00AM GMT
Thomas Franke - Deutsche Beteiligungs AG - Senior VP & Head of Public Relations & IR

Good morning, everybody. We have sent out the quarterly statement as well as the presentation this morning. You should have received this information already. We welcome you.

And I now hand over to Susanne Zeidler, our CFO.

Susanne Zeidler - Deutsche Beteiligungs AG - CFO & Member of the Management Board

Good morning, everybody, also for my side. It's my pleasure to present the quarterly statement as at 30 June, 2020, to you. I would like to start my presentation on an upbeat note. We initiated the investment phase of DBAG Fund VIII on the 1st of August. The M&A market has been revised at least for transactions involving companies whose business model is not fundamentally affected by the pandemic. Our investment team is now working on several promising investments, and we want to secure our financial capacity to act in this situation. Fund VIII will lead to rising management fee income, thereby increasing the basis for net income from Fund Investment

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot