Ceconomy Ag Ord (MTAGF) Q1 2021 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Ceconomy Ag.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.145 -- 00:00:04.389 Good morning and welcome to our Q1 results call. 00:00:04.389 -- 00:00:08.795 With me today are CEO Bernard Duttmann and our CFO Karen Sonnmoser. 00:00:08.795 -- 00:00:11.939 They will guide you through today's presentation. 00:00:11.939 -- 00:00:16.405 Before we start, let me briefly address the usual formalities. 00:00:16.405 -- 00:00:19.409 Firstly, please be aware that this call is being recorded. 00:00:19.409 -- 00:00:23.455 A replay will be available on our website later today. 00:00:23.455 -- 00:00:28.521 Secondly, please keep in mind that today's presentation and potentially also some answers 00:00:28.521 -- 00:00:33.410 to your questions during the Q&A sessions may contain forward-looking statements. 00:00:33.410 -- 00:00:37.917 For additional information in this context, please refer to the disclaimer. 00:00:37.917 -- 00:00:42.786 But now, let me hand over to our CEO, starting with the highlights of the first quarter. 00:00:42.786 -- 00:00:45.387 Please go ahead. 00:00:47.254 -- 00:00:51.261 Good morning, everyone, and thank you for joining our call. 00:00:51.261 -- 00:00:57.052 We are looking back at a quarter which was again exceptional in many ways. 00:00:57.052 -- 00:01:03.439 Ladies and gentlemen, it was one of the best quarters in the company's recent history. 00:01:03.441 -- 00:01:09.050 It was also the quarter in which we reached a key milestone, namely 00:01:09.050 -- 00:01:14.177 the agreement with Convergenta on the acquisition of the minority stake 00:01:14.177 -- 00:01:16.298 in MediaMarkt.on. 00:01:16.982 -- 00:01:22.370 At the same time, we showed you our way forward and our ambition to become customers' 00:01:22.370 -- 00:01:24.413 first choice. 00:01:24.413 -- 00:01:30.045 Yet, it was also a quarter when ...