Draegerwerk AG & Co KGaA (WBO:DRW3)
€ 50.5 1.05 (2.12%) Market Cap: 892.28 Mil Enterprise Value: 938.60 Mil PE Ratio: 8.63 PB Ratio: 0.60 GF Score: 70/100

Half Year 2023 Draegerwerk AG & Co KGaA Earnings Call Transcript

Jul 27, 2023 / 01:00PM GMT
Release Date Price: €45.65
Stefan A. Drager;gerwerk AG;Co. KGaA;Chairman of the Executive Board;DrÃ;gerwerk Verwaltungs AG
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Good afternoon, and thank you for joining our conference call on our financial results for the first half of the year. I have with me Gert-Hartwig Lescow, CFO; as well as Tom Fischler and Nikolaus Hammerschmidt, both Investor Relations. We would like to take you through the results of the first 6 months of the year with a presentation that we made available on our web page this morning. Following the presentation, we will open the floor to your questions. We already published the preliminary figures 2 weeks ago. In the final figures we published this morning, there are no meaningful deviations to the prerelease.

Let's get started on Page 5 with the business highlights. 2023 is a year we will return to growth and profitability. To achieve this, we are focusing on leveraging intact market growth, improving our supply capabilities, increasing our prices, optimizing our free cash flow and strengthening our cost

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