Vonovia Se Ord (VNNVF) Q4 2024 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.672 -- 00:00:05.700 Ladies and gentlemen, welcome to the Vonovia full year results 2024 00:00:05.700 -- 00:00:10.747 analyst and investor conference call. I'm Moritz, the chorus call operator. 00:00:10.747 -- 00:00:14.032 I would like to remind you that all participants will be in the listen-only mode and 00:00:14.032 -- 00:00:17.918 the conference is being recorded. The presentation will be followed by a question and 00:00:17.918 -- 00:00:22.024 answer session. You can register for questions at any time by pressing star and one on 00:00:22.024 -- 00:00:25.970 your telephone. For operator assistance, please press star and zero. 00:00:25.970 -- 00:00:29.360 The conference must not be recorded for publication or broadcast. 00:00:29.360 -- 00:00:31.843 At this time, it's my pleasure to hand over to René. 00:00:31.843 -- 00:00:34.244 Please go ahead. 00:00:34.366 -- 00:00:37.610 Thank you, Moritz, and welcome everybody to our earnings call. 00:00:37.610 -- 00:00:43.117 The speakers today are once again CEO Rolf Buch and CFO Philipp Grosse. 00:00:43.117 -- 00:00:47.042 They will be happy to lead through today's presentation and then answer your questions. 00:00:47.042 -- 00:00:51.287 We have divided today's presentation in two sections plus the appendix. 00:00:51.287 -- 00:00:55.812 First, the big picture overview of our business and the general environment in which 00:00:55.812 -- 00:01:00.705 we operate. and second, the full year 2024 update. 00:01:00.705 -- 00:01:05.571 Rolf will be starting off with a preface to put the last two weeks into context and provide 00:01:05.571 -- 00:01:09.336 a framework for a view on the consequences for our sector. 00:01:09.336 -- 00:01:11.538 And with that, over to you, Rolf. 00:01:11.538 -- 00:01:15.463 Thank you, Phili...