Jenoptik AG (XTER:JEN)
€ 28.08 0.7 (2.56%) Market Cap: 1.61 Bil Enterprise Value: 2.02 Bil PE Ratio: 20.59 PB Ratio: 1.75 GF Score: 86/100

Q3 2019 Jenoptik AG Earnings Call Transcript

Nov 12, 2019 / 01:30PM GMT
Release Date Price: €28.82 (-1.57%)
Operator

Good afternoon, ladies and gentlemen. Welcome to the Jenoptik conference call regarding the interim financial statements for the first 9 months of 2019. (Operator Instructions)

Let me now turn the floor over to your host, Dr. Stefan Traeger.

Stefan Traeger
Jenoptik AG - Chairman of the Executive Board, President & CEO

Good afternoon and warm welcome also from our end here in Jena. Welcome to our Q3 earnings calls. With me today, as always, is Hans-Dieter Schumacher, our CFO, who is going to dive a bit deeper into our numbers. Before we do that, let's kick it off with a quick look at some major events in the first 9 months of 2019.

We believe that, as a company, we have achieved quite a number of major milestones in the transformation of our organization to a more focused technology group. Quite importantly, at the beginning of the new year, we've started to make our new corporate structure operational. So we're now managing the company in 4 major divisions, reporting our numbers in those 4 divisions. And the start of the new organization

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