Ceconomy AG (FRA:CEC)
€ 2.96 -0.038 (-1.27%) Market Cap: 1.43 Bil Enterprise Value: 3.01 Bil PE Ratio: 13.42 PB Ratio: 2.30 GF Score: 69/100
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Ceconomy AG Annual Shareholders Meeting Transcript

Feb 17, 2021 / 09:00AM GMT
Release Date Price: €5.16 (-1.24%)
Wolfgang Kirsch
Media-Saturn-Holding GmbH - COO & Member of Management Board

Most warmly from Düsseldorf Congress Center to this year's Ordinary General Meeting of CECONOMY AG, which I'm here with opening. I would have liked to welcome you again as in the years of the past to welcome you at Düsseldorf in person, but the current pandemic doesn't allow us to do that. As you could gather from the invitation to the general meeting, the Executive Board decided with the approval of the Supervisory Board to hold a virtual general meeting this year. We thus use the opportunity offered by the legislator that stock companies can hold virtual meetings because this is possible under the COVID-19 Act. We are that in a position to make legally sound decisions and to protect, at the same time, the health of all the people involved.

Present in person here in the transmission room, at Düsseldorf is from the Supervisory Board only Ms. Karin Dohm, who I have chosen as Chairman of the meeting to stand in for me in the event that I would no longer be able to chair the meeting during the proceedings. The other

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