Rational Ag Lndsberg (RTLLF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Dear ladies and gentlemen, I'm delighted that you have dived into this call and a very warm welcome from my side. My name is Subi Stadler and I'm joined by my colleagues Laura Deininger, Stefan Arnold and of course our CEO Peter Stadelmann and CFO Jörg Walter. Before we start, as always, a few hints at the very beginning. All participants remain muted during the call. After the presentation, we will directly go over to the Q&A session. Today Stefan will read out the questions you send us via email. Your questions will then be answered by Peter and Jörg. Thanks to all of those who sent them in advance. This makes our life a bit easier and we hope the answers will be more helpful for you. If we already gave the answer to a question during the presentation or if we already had a comparable question, we then might not repeat the question later on. However, we will make sure that all questions will be answered before we close the call. This call is being recorded. We will send the YouTube link to all participants after the call. We kindly ask you not to share this outside your organization. With that, I hand over to Peter. Good afternoon, ladies and gentlemen. Before I look back on 2024, let me look back to 3rd of March 2000. when the success story of the Rational Share began. The issue price was 23 euros. The first trading price already was 35 euros. Nevertheless, the Rational Share was not taken seriously by many market participants as a representative of the old economy at that time. Many software and technology stocks were heavily hyped and the new economy was predicted to have a prosperous future, today we know it did not. If you are interested in more details, please visit our website. We see on this chart the development of the rational share price in red and the M...