Stroeer SE & Co KGaA (GREY:SOTDY)
$ 14.1 0 (0%) Market Cap: 3.14 Bil Enterprise Value: 3.99 Bil PE Ratio: 39.45 PB Ratio: 8.44 GF Score: 83/100

Q3 2020 Stroeer SE & Co KGaA Earnings Call Transcript

Nov 12, 2020 / 09:00AM GMT
Operator

Dear ladies and gentlemen, welcome to the Q3 figures 2020 of Ströer SE. At our customers' request, this conference will be recorded. (Operator Instructions) May I now hand you over to Udo Müller, Founder and co-CEO of Ströer, who will lead you through this conference. Please go ahead, sir.

Udo Müller;er SE;Co. KGaA;Founder
StrÃ;Chairman of Management Board & Co-CEO

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Dear ladies and gentlemen. Thank you for joining our Q3 results call today. Together with my co-CEO, Christian Schmalzl; and our CFO, Christian Baier, we will present the financials for the first 9 months of 2020, our Q3 figures and share some additional insights on our key learnings from the pandemic so far, our business developed in the last 3 months from a strategic point of view and our expectations for the fourth quarter and the remaining weeks of the year.

At a very early stage at the beginning of the pandemic, we had already described our estimates around the further economic development against the background

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