Patrizia AG (FRA:PAT)
€ 8.72 -0.06 (-0.68%) Market Cap: 745.13 Mil Enterprise Value: 757.58 Mil PE Ratio: 106.87 PB Ratio: 0.63 GF Score: 73/100

Q1 2020 Patrizia Immobilien AG Earnings Call Transcript

May 14, 2020 / 01:00PM GMT
Release Date Price: €18.96 (-5.11%)
Operator

Ladies and gentlemen, thank you for standing by. I'm Andre, your Chorus Call operator. Welcome, and thank you for joining PATRIZIA's First Quarter 2020 Conference Call. (Operator Instruction] I would now like to turn the conference over to Karim Bohn. Please go ahead.

Karim Bohn
Patrizia AG - CFO & Member of the Management Board

Thank you, André, and welcome, everyone, to our call on the first quarter 2020 financial results, and I hope that you are all well. When we spoke last time, end of March, we already felt that COVID-19 would impact our personal and business life, not really knowing how severe the impact might be. Since then, we were all faced with the situation probably no one from us had to deal with before. Especially the last few weeks, we faced significant restrictions in our private and business lives. I'm very happy and proud that our people, the PATRIZIA staff, reacted in an agile way to the crisis with the majority of us working now from home, at least at the moment.

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