TAG Immobilien AG (FRA:TEG)
€ 14.05 0.34 (2.48%) Market Cap: 2.48 Bil Enterprise Value: 5.53 Bil PE Ratio: 0 PB Ratio: 0.86 GF Score: 71/100
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Q3 2020 TAG Immobilien AG Earnings Call Transcript

Nov 12, 2020 / 01:00PM GMT
Release Date Price: €24.57 (-2.79%)
Operator

Ladies and gentlemen, welcome to TAG Immobilien publications of interim report quarter 3 2020. We have Mr. Martin Thiel, CFO of TAG Immobilien.

Without further ado, I will now hand the call over to Mr. Martin Thiel. The floor is yours, sir.

Martin Thiel
TAG Immobilien AG - CFO & Member of Management Board

Yes. Thank you very much, and good afternoon, everybody, and thanks for joining the call. Today, the call at a little bit unusual time, later in the day as we had several announcements from companies in the morning. We thought it's perhaps good idea to do this a little bit later to give you time to listen perhaps to more than just our call. So thanks again for dialing in.

Today, Q3 numbers, looking at these numbers and summarizing the business development of the third quarter. I think the stable business that we had over the course of the year simply continued. I think so far, we had really a good year. This is also the reason, perhaps you've seen this already, why we could increase now the guidance for 2020 slightly. Still just very

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