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Page modified: Friday, June 23, 2006 20:29:03

At the financial markets one calls a Telefonkonferenz conference call (Conference call), with which quoted enterprises inform investors and analysts about their business development.

Coming from the USA, where this is usual for decades, it was in-patriated also in Europe that for the periodic disclosure of their reference numbers obligated enterprises present their quarter numbers to the investors and the specialized public in Telefonkonferenzen. These conferences begin regularly with a statement or a Disclaimer with the warning that the remarks of the management can contain future-arranged statements and estimates, whose actual entrance is not guaranteed. Subsequently, step typically the chairman of the board, the finance executive committee and/or the assigned one for investor relations (investor relation) on the plan, read out information about the business development in the quarter run off and express themselves to the future prospects of the enterprise. Finally the Telefonkonferenz is opened and the analysts and investor (those first an access code to have received to be able to in-select around itself as more speaker) to place their questions.


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