Q2 2024 CCC SA Earnings Call Transcript

Author's Avatar
Aug 08, 2024

Aug 08, 2024 / NTS GMT
Dariusz Milek - CCC SA - President of the Management Board

Good afternoon, ladies and gentlemen. I'd like to welcome everybody very cordially to sum up Q2 2024 in the CCC Group.

As can you hear me now? I'm sorry.

I would like to welcome all of you very cordially to recap Q2 2024. So we have continued to improve our results by leaps and bounds for another quarter. We've refinanced the group successfully. This was very important to us. We have a high cost discipline in the group. So we're down in every line of business in terms of our cost ratio.

We have good like-for-like sales, some 12%. And we've improved margins by leaps and bounds by 5%, in half-price, we've done it by some 13%. And so, we have the leading EBITDA margin of 26% in the industry. And so, we've continued to improve the EBITDA in half-price by 18%. So, it's the second quarter in a row in which we've actually improved in Modivo.

Can you hear me?

So, the planned acceleration of half price, we'll talk about that in the latter half of the presentation.

I would like to give the floor to

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot