Kofola CeskoSlovensko AS (FRA:48K)
€ 15.05 0 (0%) Market Cap: 325.96 Mil Enterprise Value: 472.73 Mil PE Ratio: 14.64 PB Ratio: 5.45 GF Score: 78/100

Q1 2022 Kofola CeskoSlovensko as Earnings Call Transcript

Jun 02, 2022 / 08:00AM GMT
Release Date Price: €15.7
Lenka Frostova
Kofola CeskoSlovensko a.s. - IR Manager

Ladies and gentlemen, welcome to Kofola's First Quarter '22 Results Conference Call. you will now hear a recorded presentation of Group CFO, Martin Pisklak, and business insights from Czechoslovakia and the Adriatic, presented by country CEOs, Daniel Burys and Marian Sefcovic.

Martin Pisklak
Kofola CeskoSlovensko a.s. - Group CFO & Director

Dear investors Martin Pisklak speaking. Yesterday, Kofola reported very strong numbers for the first quarter of 2022. Our revenues grew by 30%. Of course, we benefited a lot from the fact that in 2022, there were no strict lockdowns. However, I have to say that our revenues are very promising. We continued in strong trend, also in April and May.

Our EBITDA increased by 23%, and totaled CZK 112 million, and also I believe that all of our 3 segments were profit-making in the first quarter of 2022. Despite increasing interest expenses, our net profit remained stable. Also, net debt-to-EBITDA ratio remained stable and slightly above 3x. Increase of raw

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