Good morning, everybody. Thanks for joining our Virtual Analyst Conference on the Results of the Financial Year 2020. 2020 was an extraordinary year for all of us. Despite this challenging environment and volatile prices in some of our markets, BayWa has achieved major milestones and shown and proven a pretty resilient business model. Today, we will give you a deeper insight into the development of each segment. As usual, Professor Lutz, our CEO, he will guide you through the operational performance and give you an outlook for the upcoming months and also for the midterm goals. After that, Mr. Helber, our CFO, will cover the financials. At the end of the presentations, we will be happy to take your questions. Please, until then, unmute your telephones. Now I hand over to Professor Lutz. Good morning, ladies and gentlemen. Great pleasure to have you with us this morning for the analyst conference for the annual report 2020. Before I go through the presentation, I just focus on the key slides, you can ask questions, Andreas is taking care of the figures and the financials. I would like to answer two questions which reached us in advance of this conference. The first question is or was, "Klaus or Mr. Lutz, what is your expectation with regard to the economic development in Europe and especially in Germany?" It's pretty interesting because the ifo Institute and Professor Fuest this morning gave an interview on Bloomberg with the statement that surprisingly bright future or near future of the economy and the development of the economic situation, especially in Germany. I think this is answering the question. It's more positive than negative, despite this pandemic situation, the COVID-19 virus and all these negative circumstances. A positive outlook for the European, but especially the Middle European and the German business development and economy development. The second question was, which reached me this morning, "Do we expect any problems and hurts coming from the Suez Canal issue and the problems for the supply chain?" The answer is, we are very grateful that the last vessel passing by the Suez Canal could be rescued. We have this material under control, and we can de-load the vessel in Rotterdam. It has to do with our international commodity trading and specialty business handled in Rotterdam in the Netherlands. There's one vessel still in the channel. We do not yet know how to manage that at this point in time. There are also some container vessels under management and chartered by our daughter company, Cefetra in Rotterdam. This is, at this point in time, unclear what will be the impact. Nevertheless, bottom line, we do not expect a negative hurt on our P&L statement for the first quarter in 2021. It's pretty unclear whether the situation can be solved within three weeks or three days, though the experts are discussing this issue. This was the first statement I wanted to make and to answer to questions from your community. Now we go through the presentation. Of course, as always, I would like to give you some highlights. What was the big achievement or the achievements in 2020? The most important thing is that we have the Corona crisis under control within the BayWa Corporation, that the positive tested people at this point in time are just 30 people, a little bit more than 350, 360 over the last 12 months. Within a community of around about 23,000 employees worldwide. We are not counting the freelancers and the harvest supporters and all the other guys and the stakeholders. Around 64,000, 65,000 people around about. With other words, we have the situation under control. Many of you, especially in Germany, you might know that we are in discussion with the federal government to get a solution internally with regard to the vaccine, but this is not easy due to the small amount of vaccines we have here in Germany. This is really a disaster for the international community. We do not understand why the Germans, as the former well-known organization champions, are not from a political and a governmental and administration point of view, we are not able to handle this situation. Insofar, I offer to the federal government that the companies and BayWa itself will go through this vaccination process properly. Now the law has been changed, but unfortunately, we don't have the material we need for the vaccination. From a business point of view, 2020 was, of course, under the headline, or the question, do we get the transaction done? Can we finalize the process where we started already in 2019 with regard to the equity increase of BayWa r.e. GmbH? Now we made it. The money is on the bank account, this is one of the most important achievements over the last 13 years since I'm brought here because this is the largest transaction we ever made in BayWa's history. I always see this EUR 530 million in combination with the EUR 500 million green bond, which we received from the capital market two years or nearly two years ago. We were able, on the basis of the value which has been created by the management and on the basis of our strategy, we were able to get around about more than EUR 1 billion, especially for our green renewable energy activity, and I think we can be proud of having such a great achievement. From the operational point of view and the figures, we turn to the next page. You see that we have a slight increase on the revenue side, a little bit more than EUR 17 billion revenue, so more or less flat. Nevertheless, due to the good operational performance, we were able to cover all the additional costs with regard to the COVID-19 crisis and some other negative one-timers. We increased the overall profit on EBIT level of around about 14.2%. Due to this very positive development and more or less all business segments contributed to this great success last year, we are able to increase also the dividend again. The very first time where we touch this barrier of EUR 1, we propose and suggest to the AGM, which will take place on the May 11th, to increase the dividend on the level of EUR 1. I hope that over the next years, we will exceed this Euro 1, of course, and we'll see what's happening. I'm coming back to that a little bit later when I discuss the outlook for 2021. The share price on the Ultimo basis had an increase of 17%. You know that BayWa is normally a very conservative title, dividend-oriented and for conservative investors in so far very interesting because year by year, or more or less nearly year by year, we could increase the dividend as a joint company of EUR 0.32 and now EUR 1. The comparison over the last years with regard to the EBIT performance, this is not operational or something else artificial. That's the real EBIT, including all the costs and other impacts on the BayWa P&L statement. Andreas is coming back to that in a moment. You'll see this is the absolute record high. If you compare with the average of EUR 178 million over the last years, 215, I think, is really a great performance. Q4 was not bad, a little bit below 2018. This has to do, of course, with a sale of the projects in RE in 2018. The record high was the result of the great projects, the big projects we sold between Christmas and New Year. In 2020, it's on the similar level in comparison to 2019. So far, I'm very happy and very pleased with this development. As always, the strategic question, all these things which we initiated 13 years ago as we started with renewable energy, then Global Produce, our international grain trading, commodity trading business, and some other globalization activities which we initiated. Is the strategy worthwhile to be considered as a positive result and a success? Of course. You see here the comparison between the yellow and the green part. The yellow part is the expansion, the new businesses, the internationalization, and so forth. You see we are right now on the level of 65% EBIT contribution from these type of business and the BayWa AG. The classic BayWa business over the last years are more or less stable. Also, we have some problems and restructuring activities to do in the classic agriculture sector, especially in Germany. Let's go through the different business segments. You see the energy sector with an EBIT contribution of EUR 142.7 million, which is a great performance. It's a record high as well. The revenue is on the level of EUR 4.2 billion. We sold last year a little bit less MW as we planned, which will have a positive impact on the first quarter in 2021. It's just a postponing effect, 667 MW. Meanwhile, we have 9 GW under management in our service department. The maintenance, the service, and all that stuff will be handled by BayWa r.e. as well, even after the sale of these wind and solar facilities. In the conventional business, where we have really a sensational result, you will see it in a moment. The pellet business, the wood pellet business is increasing. This is a type of more or less new business and a positive business development because we have to balance the situation with the heating oil. Looking to the market developments, this is nothing new. In our last conference, I spoke about the international, the global situation for the solar and the wind business. There's no change, more or less the same. Especially solar is very promising for the next years. Even the wind onshore will have a very positive impact on our bottom line. On the right side, you see the volatility and the price development, especially of the Brent oil. The demand was very high, not only within the BayWa community, for the heating oil due to the corona crisis impact and the low price for oil. Next page, you see the renewable energy sector. We have an increase on the revenue side, EUR 2.5 billion, and EBIT on the level of EUR 110.9 million. There is one thing besides the solar and wind business I would like to emphasize. That is especially our trading activity, the solar trading and the service business, which is going to be more and more important. In the solar trading, we are number one in Europe. Meanwhile, we were in a very complicated situation as our competitors as well, but we were stable and we had the courage to continue with this business, and now it's very profitable and a great success, and we are pleased with the development in this business. As I said, the most important operational and M&A achievement in 2020 was the finalization of the process for the equity increase in BayWa r.e. We are now in the process, you see that on the left side, to change the legal structure of BayWa r.e. GmbH. It's going to be an AG. The registration has been started yesterday. We had our initial supervisory board meeting. We have now an executive board with three people. The CEO, of course, is Matthias Taft, who used to be the head of energy in our BayWa AG executive board. We have a supervisory board with six people. The chairman, I have the honor to take this position. On the right side, you see the development of the profitability over the last 10 years. It's really a great success story. RE is going to be in the future, one of the key, the most important business pillar for the BayWa group. You will see that a little bit later when we tell you the real stuff, so to say. Our expectation over the next years regarding the EBIT situation, what does all this mean to be on a higher level as we were in the past? Because we achieved more or less all KPIs which we committed and promised a few years ago. Some of you were with us in the Netherlands, maybe you remember. With our presentation, I just told you some figures, and we achieved all the KPIs, so we need something new. Today, we will communicate that to you. Here are some pictures. I just need not to comment it. I would like to come to the conventional energy business. Here you see, despite the sale of TESSOL, our fuel station activities in Germany in 2019, we have a record high on the profit side. You can see that here. The reason was the high demand for heating oil, but also the margins in the fuel were very positive. Bottom line, great performance and exceptional. We are coming to the agri business with our revenue level of around about EUR 11 billion. The contribution is still very high, but not on the level which we would like to have, EUR 107.1 million. Around about 11,000, well, nearly 12,000 employees are working in this sector. We were reducing a little bit our commodity trading down to 31.5 million tons. The fruit business, BayWa Global Produce, which is one of our positive and future-oriented business pillar, besides BayWa r.e., nearly 500,000 tons. As I joined this company, we traded 36,000 or 37,000 tons. Here you see we really are on a complete different level. Meanwhile, due to the acquisition for many years. Well, some years we made in New Zealand and also the machinery business, the agri technology sector. The tractor sales is also now on the highest level since we are here together, Andreas and myself and the board, 5,800 something tractors. This is really also exceptional. Some comments on the market developments. Of course, last year we had some downturn, especially in the input business. The margin were decreasing also. The demand was not as high in average as in the previous years. On the right side, you see the global grain harvest. The balance sheet, so to say, it's more or less stable. The expectation we had last year was, well, maybe we have to struggle a little bit in the international commodity trading. Nevertheless, you see here we are a little bit lower in the revenue side, but higher on the profitability with EUR 25 million. This is an asset-light organization. By the way, BAST is going to be renamed in Cefetra because Cefetra, that's the brand where the customers understand what this company is doing. Interesting enough is the commodity are more or less always very volatile and under pressure. That's normal in this business. We took the decision to reduce a little bit the volume we are trading in the commodities, and we try to invest in specialties, which we did over the last years. We acquired some companies like Royal Ingredients, Premium Crops, Tracomex, and some other companies. Just a few weeks ago, we started a new business in Dubai, in the Emirates, with regard to specialties, pulses, vitamins, minerals, and stuff like that. For the compound feed industry, the production here in Europe, and we are the key supplier for all these customers. You see that the specialty strategy is also a great achievement of Daan Vriens and his team in Rotterdam. Here you see some operational developments over the last year. Here, this is the fertilizer business KAS, which is the most important product line for us. You see the downturn of the price last year, now the upside, which means that we are facing, at this point in time, a better result for the agribusiness, especially in Germany, Austria, and some Eastern European countries. Coming to the results, this is the only negative slide I have to show to you. We have a slight increase on the revenue side, EUR 3.0+ billion, and the profitability is coming down from EUR 7 million-EUR 14 million. What is the reason for that? First of all, we have some extraordinary write-offs. Andreas can comment on that. Secondly, we are in a restructuring and reorganization process for the agribusiness here in Germany, which is absolutely key. Why do we have to go through such a process? We have a type of uncertainty in Europe regarding the CAP. Question mark what's going to happen in the future. We expect a downturn in the input business due to changes in the product range, which will be allowed in the European Union. The third point is the consolidation process in the agriculture sector. The farms are going to be bigger. We have to adapt our structure. We will be more in the supply chain management as we were in the past. We need reasonable storage concept to offer to the customers, to the farmers, but also the process industry, our customers as well. We have included in this EUR -14 million also the restructuring cost for 2020. The process will still go on. I think over the next two years, more or less. This is also the timeframe we gave to Marcus Pöllinger, the head of our agriculture business for Germany in our executive board. This is not an easy task. It will take time. We are going to reduce the sites all over Germany down to 80, 70. There is no change in the figures which are announced a few years ago already. This is a complicated and long ongoing process because we can't change this from one day to the other. In so far, I'll ask you for a little bit patience. Here you see the real advantage of being a portfolio company because the success of the other business pillars can and is supporting the restructuring process in the agribusiness. Also to make clear what is the meaning of the agribusiness in Germany for the overall picture of BayWa Corporation, and it's just 10%. I don't see in the future the past EBIT and PBT levels, which we were used to. We will not see them again because the business is as it is, the structure is as it is, and the profitability is as it is. Our job is to try to become profitable again. The EUR 50 million, EUR 60 million, EUR 70 million, which we saw in the past, we will not see again. Please, as an analyst, but also as an investor, banker, and so forth, just put that in relation to the overall picture of BayWa. It's just 10% of the revenue. We come to the Agri Equipment. Our machinery business, sensational result. As you can see here, again, an increase in 2020. It has to do, of course, with the investment willingness of the farmers, especially in Germany and in the Netherlands, where we are very successful with our participation. The Öko product lines, but also CLAAS, is very successful. We are also happy with the development in Canada. While South Africa is complicated but is not in the full consolidation of our balance sheet, it's just at equity. What is the outcome here? I come back to that a little bit later because it has to do with the new figures and the forecast we would like to show you today. Our next segment is Now we are coming to Global Produce. I would like to show you just the figures. The first thing is a great operational success. The EUR 41 million EBIT in 2020, you can't really compare with the previous contributions because this is much more operational as it was in the past. I'm very happy with this performance because it shows that our investment was reasonable and was worthwhile to do. The global produce business is one of our key pillars besides the renewable energy sector, and we are going to invest in this business in the future. The apple harvest was very positive. The volumes were increasing also in 2021, and the price development was positive as well due to the demand. I think this has to do with the corona crisis because people are eating more healthy food, vegetable, and of course, apples. You eat minimum one apple a day and it keeps the doctor away. We have the slogan, "Eat more than one apple a day, and it keeps all the doctors away." There are more doctors than one normally. We come to the building materials sector. Over the last years, we went through a very tough restructuring process. This result for us is not really surprising. It's not for granted, of course. The management has to do a lot of work. The employees, around about 4,500 people working this segment. You see the revenue is increasing again after the downturn and the restructuring and the sale of some activities in the northern part of our country. Now we are on a level of EUR 47 million, and we have included in this profitability also some negative one-timers which are affecting the bottom line. It's operationally much more than EUR 50 million. I'm more than happy we have still a building boom in the middle of Europe and especially here in Germany, the south of Germany, where the money is, more or less. We are also changing a little bit the strategy. BayWa started two years ago, the project development business also in the building sector. Here is the first little contribution included in this EBIT. Over the next years, we expect around about EUR 20 million EBIT coming from the project development. So far, change in the structure. Nevertheless, we are one of the key building material companies in Germany, no doubt about it, but we have to change a little bit our product structure and the product portfolio and project development is key. By the way, this is in all business pillars key. As I said in one of my previous meetings with you, ladies and gentlemen, I always said that we are going to change BayWa in a more solution provider company and a project development company as it was in the past. Wholesale is not really anymore our key business. Here you see the market development on the next page, if you might turn. The boom is, or the positive development in the building sector is still valid. So far, I don't expect any change in the future. This is again, the P&L statement increase of, I think, 11.5% in the revenue area and a significant increase of up to 48.1. I can't read it because I don't have my glasses with me. It's more 40 something. Well, it's a great success. Good. Now the digitalization innovation part. This is not only an operational P&L statement, as you know, because this is our key investment sector for innovation, for new business models. Also for the product portfolio we are going to offer or we are offering already to the farmers with FarmFacts and Vista. In so far, not a big change, a little bit lower than in the last years. This is, of course, our new business development center, so to say. In so far, the revenue, well, it's nice that especially and mainly software licenses fees we get from the farmers. In this negative EBIT, the investments are included as well. With other words, great operational performance, great results. The increase of the dividend, I think is very positive. Now we come to the detailed financial view and I hand over to Andreas Helber. By the way, again, congratulations to my dear colleague. Andreas' contract has been extended another five years term from the supervisory board. Unanimous decision two days ago. I'm, as CEO, especially very happy that our cooperation is going to be continued over the next years. Thank you. Please. Thank you, Klaus. Very well. Welcome also from my side. Good morning here from the 20th floor of our BayWa Hochhaus in Munich. It's a pity that we can't meet physically once again since last time we did the first time here. This meeting room here in Munich in the 20th floor have more or less been changed into a TV studio. We are sending out of this TV studio. We have a wonderful view over the city of Munich on this really first spring date here in Munich. It's really a pity that we can't meet physically. Maybe next time again. What we presented to you and Klaus made it in the details, I would put it now a little bit together into an overlooking frame, is a continuation from what we reported already since last year, latest in November. That has been a very successful year, and we look back on it once again before we start for the new season here in 2021. We put it together and I took all the segment P&L statements together just to summarize the statement that Klaus gave on each segment. Just put it together on the numbers. You see that each and every segment that we presented, if it's energy, agriculture, or building materials, improved compared to last year and improved over the line of the last five years. It's quite impressive to see that for the energy segment, the EBITDA came up to EUR 230 million, and the reported EBIT is EUR 143 million. You see where we came from in 2016, that was not the start, but in 2016 when the last five years period started. The same on agriculture, even having the little bit mess with the domestic business that Klaus talked about and we informed you about in the previous conferences already. Also the agriculture segment, due to a very strong closing quarter in the technical equipment division, came over 100 million again. That was a good improvement compared to 2019. It's also a big pillar in the contribution of EBIT, even with the situation that we have here in the domestic business on agriculture in Germany, and particular in Germany. Building materials, I know those who follow us for years know the story, the transformation that we not only went through on the agriculture equipment division, but also in the building materials division. I remember good the discussions we had years ago in 2012, when we carved out the building materials, the DIY part of the building materials division, the discussion that it was there. Now look on the numbers where they are. Nearly EUR 50 million contribution, taking into account the one-timer, the burden in Austria that we have with this malversation cause in there, burdened the result with some EUR 7 million. It would operationally be over EUR 50 million compared to what it was 10 years ago. That's really very good increase, a successful story over the years in this division. If you put this all together then, in a moment, but just one look on the final quarter. Again, Klaus already reported on the fourth quarter, which has been a strong quarter, again above the fourth quarter in 2019. The three quarters in 2020 were stronger than in the year before. This is, again, a very strong quarter, supported of course by the technical equipment division, but also by renewable energy. If you put this all together now in the group financial income statement, you see the financial indicators that we report in the annual statements and the annual report. The EBITDA, the EBIT, and the EBT, all very good increase. The EBITDA, nearly EUR 470 million. An important number for our leverage, where we come to in a minute. The reported EBIT EUR 215. Honestly, operationally would have been even higher since we took, as Klaus reported, some one-timers in there. Corona related one-timers, but also business related one-timers in the RE business, in the building material sector. In particular, EUR 20 million of cost for the Corona effects that we faced. Not only supporting measures for the direct COVID-19-related part, but also the missing bank dividends that we reported already in November in Austria and here in Germany. That all sum up to EUR 20 million on one-timers that are completely included here in this EUR 215 million. The EBT, 40% up compared to last year, EUR 111 million. I think it's the best EBT we have ever disclosed here within BayWa. When it comes to the net income, you see that we are slightly below the previous number. The previous number that was last year originally, EUR 61.1. We had a correction made on the tax in 2019 by EUR 4 million. It came up to EUR 65.1, and compared to the EUR 61.3 that we report today. This needs explanation, and an explanation you'll find on the next slide. We reported an income tax of some EUR 50 million. That is really a high number. It comes up to a quota of 45% or even more. This is driven by two main aspects. Both are not cash relevant and both are only reported in the deferred tax disclosure. Two effects. One, EUR 17 million effect that we reported on write-offs of tax loss carry-forwards. Deferred assets on tax loss carry-forwards, that we took out, in particular, in entities within the renewable energy sector. That was taken for good reason because we want to make the way free for dividends being paid out of these entities up to the mother company, then being able to being paid into BayWa mother company in the future. Also in preparation to take the investor in, we thought it would be good to correct these. It's a prudent calculation, I would say. We took it in here. That was the one reason for the tax portion that we have in here. The other thing is a quite curious thing. It has to do with the foreign currency taxation. This is something that will turn again within the next year or when these hedge things go out. Who is interested in there, we could talk on this later. This is really high level of taxation accounting. These two effects sum up to some EUR 29 million in total. You took them out because this has nothing to do with the normal tax quota. The income tax, without these effects, comes down to EUR 21 million. That relates with an overall net income of some EUR 90 million, which is the reported or the operational net income on the parent company, a portion of 65.6%. That was also the valuation to make the dividend resolution of EUR 1. You see the earnings per share with the hybrid in of EUR 1.50 and EUR 1, is proposed to the general assembly as a dividend for 2020. Quite important to understand these items. One-timer, not cash related. I think that has been a very special thing in 2020. When we look shortly on the balance sheet, we already included here the tax increase. The equity increase, which is named Emerald. Emerald was the project name of our BayWa r.e. transaction. This transaction is completed. Closing has been only last Friday, and the money, the cash received, was also on last Friday. That brings up the equity ratio and the equity itself up to nearly EUR 1.8 billion again. Compared to 2019- 2020, you see a decrease within the equity. The most significant driver on that was that within the last quarter, the interest rate for the pension liabilities again came back. It came back from 1.1 to only 0.6 now. 0.6 is really nothing. You remember that we came from 5.25. Once again, it hit the equity for the financial closing date by some EUR 40 million. That has been included in here, and some other tax effects. Now after the tax increase, the equity ratio is again back at 20%, nearly 20%. Also on the interest rate, we see a slight shift into the upward situation again. That would also been reflected in the 2021 numbers. Good look on the financial debt position. You see it here on the long-term debt and the short-term debt. Both came down during the year 2020 by some, in total, EUR 300 million, nearly 10% of the overall gross debt position, by EUR 300 million on the long-term and the short-term. Very good working capital management. Reducing of exposures, and particularly in the international trading business, has been the most effective reasons here on this reduction scheme. The group cash flow reflecting that. The cash earnings up to some EUR 400 million cash flow from operating activities due to the working capital management, the active working capital management on the inventory, mainly up to EUR 675 million. The free cash flow around about EUR 400 million, and this free cash flow has mainly been used to reduce the debt position by some EUR 300 million that are reported now in the financing activities. The cash flow from investing activities looks to seem that we have more invested in 2020, but the main effect is that we transformed some of the projects that we held in the inventory on the BayWa r.e. level, in the inventory into the fixed assets portion starting on the IPP already. This has been included here in this investment cash flow. One KPI which is always important for us in reporting also to the banks and to the capital financial markets, is our leverage. We made good success and progress here on the leverage situation throughout the years, of course, by reducing the debt position, but also by increasing the EBITDA. It came from 6.0 in 2019 down to 4.8 at year-end. If we include now the Emerald transaction, as I said, the money is on the bank account in the meantime. It further reduces down to 3.7. The leverage, the net debt to our EBITDA is down at 3.7 coming from six in the year before. I think this is a very good progress, a very good number also in the discussions with our lenders. Finally, a view on the economic profits. You know that this is one of our guiding schemes for the operational entities. It's all good except for the domestic agribusiness situation. That's also not a new picture. The new picture is that except for this one subdivision, all others are earning an economic profit. They are earning their cost of capital and above that, an economic profit. The one thing that we have to work on strongly, and Marcus Pöllinger and his team is doing that very successfully, is the agri trade and service situation. You see that it's a minus economic profit, that's mainly due, of course, the profit situation that Klaus already mentioned that will continue for the next two years. Also the invested capital being much too high in relation to what they can earn. The aim is to reduce this portion of the invested capital, we discussed it already last time, by EUR 300 million-EUR 500 million over the next years. That has to do with strategic changes also in the setup of this whole business where Marcus and his team is working on. All the others are on green, very successful, very good development over the years, we are very happy being able to present this. Finally, always being looked at, the other activities, the cost portion within our P&L. Taking into account that this considers the mostly EUR 20 million on COVID related burdens, the overall number, EUR 70 million, including the EUR 20 million of the direct related COVID costs, also the missing bank dividends that we mentioned from Austria and from Germany: EUR 1.5 million here in Germany, EUR 4.5 million in Austria. We hope for 2021 that we at least get them back, maybe what we heard from the German line, that we can double them. At least TechBank already announced that they will have two dividend payments within 2021. Maybe the colleagues in Austria will follow with that example. That would be good. At least we expect the EUR 4.5 million that missed in 2020 will come back here in 2021. That has been the view on the numbers, the view on the very successful financial year 2020. I think more important is the outlook. Not only the outlook for 2021, but I think a very exciting outlook into the time onto 2025, because as Klaus mentioned, that would set up a new frame for the profitability and development for the next couple of years. Therefore, and there with, I hand over again to Klaus, I guess. Yes, that was it. Thank you, Andreas. It's interesting that you had this type of misspelling. You were talking twice of tax increase and you meant equity increase. I fear we have to suffer tax increase over the next years due to the COVID-19 crisis and the bazooka, so-called bazooka in Germany. Billions over billions. Okay, that's a different story. Now the question is, where are we going to? Of course, everyone would like to understand what's going to happen. Well, 2020 is over. Give it just one second to celebrate this great success in 2020. Okay, this was the celebration. Now we continue. Yeah, I know. Because if I read the press releases, the press articles and so forth, it's always the question, what's happening? Now we just have to look back and to celebrate a little bit this great success and looking forward. Just a short period of time, it was one second or so. We come to the operational. What is this? Doesn't work here. Forget about it. The outlook in 2021 is, we don't give a guidance as the last 13 years, and this is the 13th annual report we are presenting, or I present together with Andreas. The Energy Segment is very positive. Business intact. Agriculture, we go through the process in Germany, as I said, it's below 10% meanwhile. So far important from a DNA point of view and also for our stakeholders, extremely important what's happening in the German agribusiness, but the international business, the Global Produce, and also the machinery business. We are expecting a similar positive development as we had it last year. The Building Materials, the trend is intact. No change, as I said. Now the most important slide, of course, is what's happening over the next years. Our statement we made, some of you participated in the Netherlands, as I said at the beginning. The question is now, after accomplishing the EUR 250 million and the EUR 370 million EBITDA and all the other KPIs, what do we want to achieve over the next years? Maybe you are surprised that the time frame is till 2025. What does it mean till 2025? My contract is hopefully valid. I expect that my time here within BayWa it will be the end. No, not the end, but something like that. 2025 is the end of my contract. The question is now, what do we want to achieve over the next years? On the basis of all the strategic impacts and operational excellence and all that stuff, which is normal, and the growth is normal. You see that over the next years, we will achieve, on the basis especially of the growth in renewable energy, we'll achieve a really new EBIT and profitability level. If you compare that with 2008 or 2009, 2010, and so forth, this is really a new chapter we are opening now for the BayWa Group. The first thing is we expect over the next four or five years an increase on the EBIT level of a few EUR 100+ million, so to say, up to EUR 450 million, more or less EUR 400 million, EUR 450 million. Of course, the frame is clear. No big change in the classical business, and that the projects and the business development/the budget and the plans of BayWa r.e. AG are going to be successful, and they have to be achievable. Otherwise, it doesn't work. This is our goal, around about EUR 450 million. 70% of the EBIT will come from the diversification and the expansion businesses. Important is also for the sustainability of this company, and the sustainability will be the headline of the future and for the future of BayWa as the sustainability company. We expect that more than 50% of the EBIT is coming from green business models. It's not only the renewable energy sector. We were the very first in Germany, as you know, which started this business before Fukushima. Even this city was known to politicians, for instance. So far, that's absolutely a must for us. Of course, the reduction of the GHG emissions of around about 22% till 2025. As you might know, we achieved already the green energy supply, 100% internal green energy supply in this current fiscal year. So far, this is also an ambitious goal. Nevertheless, part of it we have achieved already. The question is, don't we have this slide with the differentiation? No, we don't have this. Okay. That's it. You can expect from us EUR 450 million EBIT, with all the impacts on the dividend development, on the PBT, and all these financial issues and so forth. If you have further question, we are more than happy to take those and to try to give you an adequate and appropriate answer. Thank you. I hand over to Mr... [crosstalk] To me, please? First. To you. [crosstalk] Yes. Could you... [crosstalk] Could you get this thing? Once again, going back to, could we go back into this presentation? Is it possible? [crosstalk] Yeah. It's the red It's the red button, I think. I tried to get back to the latest slide. Two slides back, the last one for Klaus' presentation. I just want to clarify one thing because we already got a question in advance of this conference. Once again. Yeah, this one. Looking on this EUR 400 million EBIT target that we here now announce, it's saying is it operative business units? Just to make one thing very clear. Last time when we presented that in the Netherlands for the first time and the years ongoing, we had some misunderstandings, clarifications requirements. Is it including the cost sector? Is it only the operational segments? Just to be very clear on this target this time, it includes all in. This EUR 400 million-EUR 450 million means all the three operational segment, energy, agriculture, and the building material sector, and reduce that by some EUR 60 million portion on the overhead cost that we've seen more or less stable on the situation as it is. The question that we got upfront, I answered this question because the person who took this question or brought this question is not participating today, but he will get the answer anyway. Where the development should come from, and it's mainly driven by the renewable energy business, of course, because you saw the upfront situation that we showed you in the RE Segment, but also by an improvement on agriculture. Agriculture has been reported in the former screening or former setting with a requirement of EUR 150 million. You remember that we disclosed this EUR 250 million operational result, EUR 50 million for energy, EUR 150 million for agriculture, and EUR 50 million for building materials. I would say we are not showing the split up here on an individual slide. To be very clear on it, for building material, it's still valid. For agriculture, it should come there from this EUR 100 million that we have today, being supported by an improvement on the traditional agriculture business, but also by the international trading activities. Whereas the agricultural equipment performance would probably be more normalized again under this view. The huge impact, of course, will come out from, and it's 2025 target from the BayWa r.e. situation. We already showed you that over the next two years, we will double the income from the BayWa r.e. activities. That will be the driver for the growth in the EBIT. Just to be once again very clear, it includes all. It's comparable with the EUR 215 that we disclosed today. Yeah.