Kruk SA (FRA:83I)
€ 94.55 -0.8 (-0.84%) Market Cap: 1.90 Bil Enterprise Value: 2.50 Bil PE Ratio: 7.29 PB Ratio: 1.86 GF Score: 95/100

Q4 2020 Kruk SA Earnings Call Transcript

Mar 26, 2021 / 09:00AM GMT
Release Date Price: €38.96 (+1.83%)
Michal Zasepa
KRUK Spólka Akcyjna - CFO & Member of the Management Board

Hello, again. Let's start. It's my pleasure to welcome you to 2020 results of KRUK Group. My name is Michal Zasepa, I'm the CFO of the company. We finished 2020, a difficult year, maybe the most difficult year in our history. But we finished it with profit and with a very good cash EBITDA with very strong cash flow and very low level of leverage.

So I think we are -- we can say we won this uneven work with the pandemic situation. And we are prepared now to go back to growing. And the business as last quarter was very good for KRUK and the beginning of this year is also very good.

I will, of course, concentrate mostly on 2020, but this is the history. And I think -- and we, as a management team, think the future is quite promising for KRUK. You see here on the Slide 3, we had a very bad Q1. But then later, we were profitable. The profitability was slow, and I will explain how to, in my view, interpret these results. But the good information is that throughout the year starting from May, we saw an increasing

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