New Work SE (OTCPK:XINXF)

$ 60.04 -6.11 (-9.24%) Market Cap: 345.17 Mil Enterprise Value: 267.35 Mil PE Ratio: 24.63 PB Ratio: 2.47 GF Score: 74/100

Q1 2022 New Work SE Earnings Call Transcript

May 05, 2022 / 12:00PM GMT

Release Date Price: $242.05

Transcript

Operator

Very good afternoon, everyone. On behalf of Montega, welcome to the New Work SE earnings call regarding the Q1 results of 2022. Thank you very much for your interest in dialing in. You will now hear a presentation on the respective figures by the CEO, Petra von Strombeck; and the CFO, Ingo Chu. (Operator Instructions) Having said that, I will hand over the floor to you.

Petra Von Strombeck

New Work SE - Chairman of Executive Board & CEO

Thank you. Welcome, everybody, to our Q1 results update. Thank you for your interest, and thank you for joining us today. As always, Ingo is sitting next to me. He will guide you through the financials in a minute.

Let me start by saying that I'm fairly happy with the first 3 months of the year. But obviously, our thoughts are with the people affected by the war. We have many initiatives within our company, and I'm very proud of our colleagues who have joined forces and organized shelters or brought urgently needed goods to the Polish border since the outbreak of the war. They show empathy and support while

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