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Vonovia SE (VONOY) CEO Rolf Buch on Q4 2019 Results - Earnings Call Transcript

Mar. 05, 2020 1:46 PM ETVonovia SE (VONOY) Stock, VNNVF Stock
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Vonovia SE (OTCPK:VONOY) Q4 2019 Earnings Conference Call March 5, 2020 8:00 AM ET

Company Participants

Rene Hoffmann - Head of Investor Relations

Rolf Buch - Chief Executive Officer

Helene von Roeder - Chief Financial Officer

Conference Call Participants

Jonathan Kownator - Goldman Sachs

Charles Boissier - UBS

Kai Klose - Berenberg

Thomas Neuhold - Kepler Cheuvreux

Veronique Meertens - ABN AMRO


Dear, ladies and gentlemen, welcome to the Annual Results 2019 Analyst and Investor Call of Vonovia SE. At our customers' request, this conference will be recorded. As a reminder, all participants will be in a listen-only mode. After the presentation, there will be an opportunity to ask questions. [Operator Instructions]

May I now hand you over to Rene, who will lead you through this conference. Please, go ahead.

Rene Hoffmann

Thank you, Aurelia, and welcome everybody to our earnings call for the full year 2019. Your hosts today are once again CEO, Rolf Buch; and CFO, Helene von Roeder.

I assume you've all had a chance to download the presentation. Just to be sure, the earnings call presentation for today is available on our IR website in the section Latest Publications.

Rolf and Helene will lead through this results presentation on the basis of the agenda on page two and we'll then, of course, be happy to take your questions.

So without further delay, let's get things started. And for that, I'm handing you over to Rolf.

Rolf Buch

Thank you, Rene, and also from my side a warm welcome. Before we get into the normal specific of the full year 2019, allow me to paint out a broader picture on page three and four of the presentation. Today we are presenting the seventh full year results since our IPO and as in the very prior years, basically all relevant KPIs improved on

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