BAADER INVESTMENT CONFERENCE - 2020 HYBRID CONFERNCE SUCCESSFUL ALL ROUND
The ninth Baader Investment Conference took place from 21 - 25 September 2020 in Munich, Germany.
Attendance was steady, with over 700 investors from 30 countries and almost 230 companies represented - clearly demonstrating that this annual event remains a leading industry platform in German-speaking countries despite the current exceptional circumstances.
Due to the ongoing COVID-19 pandemic, the conference was held in a hybrid format for the first time. A limited number of participants took the opportunity to attend in person, while other international investors and company representatives took part virtually, with Baader Bank also creating a framework for presentations and meetings to be held both in person and virtually.
"Now in its ninth year, the Baader Investment Conference remains an established platform for interaction in the capital market", says Andreas Trösch, VP IR, Communications & Corporate Responsibility, NORMA Group SE. "It was absolutely the right decision to go ahead with the conference in its hybrid format in light of the current circumstances", says Andreas Spitzauer, Head of IR, Knorr-Bremse AG. "Social distancing and hygiene rules were strictly observed and the event gave us the opportunity to network virtually with a large number of international investors as well as meeting local investors in person".
In over 3000 individual and small-group discussions as well as almost 120 forum presentations, companies - including 24 from the DAX, 20 from Austria and 43 from Switzerland - presented numerous local and international investors with a comprehensive overview of their respective business developments and took the opportunity to consolidate relationships with contacts.
The second Baader Small Cap day has also been held, on Friday, 25 September. This has quickly become an established event and the corporate presentations were fully booked.
Most of the companies that presented were cautiously optimistic about their future earnings potential, but stopped short of making any concrete predictions about the coming months. The recent increase in COVID-19 infection rates across Europe is the main driver of this cautious approach, but the significant variation in demand trends across different business units and regions also plays a part. Set against this backdrop, many decision-makers named protecting cash flow and maintaining a good liquidity buffer across different credit channels as their main priorities right now. One positive indicator is that most of the companies consider the medium- to long-term drivers of their business models to still be intact, and they believe that efficiency measures and capacity adjustments are likely to bring significant relief and help them to regain strong momentum. On the whole, indications from the corporate sector therefore point to a sustained but inconsistent path to economic recovery.
"The number of companies presenting has increased once more and this, together with the positive response from company representatives, is proof that our investor conference leads the field in German-speaking countries", says Oliver Riedel, Member of the Board of Directors at Baader Bank. "The success of the event is also confirmed by the large number of high-profile investors from around the world who regularly attend the conference".
"The huge success of the Baader Investment Conference even it its hybrid format, alongside the resounding positive feedback from both the in-person and virtual attendees, confirms not only that it is possible to take a flexible approach to events like this but also that they remain incredibly important, particularly in the midst of a pandemic", says Chairman of the Board of Directors, Nico Baader, in summary.
The next Baader Investment Conference will take place from 20 to 24 September 2021 in Munich, Germany.
Please do not hesitate to contact us if your have further questions: conference[at]baaderbank.de