Kruk SA (WAR:KRU)
zł 432.2 -4 (-0.92%) Market Cap: 8.38 Bil Enterprise Value: 10.97 Bil PE Ratio: 7.49 PB Ratio: 1.91 GF Score: 100/100

Half Year 2024 Kruk SA Earnings Call Transcript

Aug 28, 2024 / 12:30PM GMT
Release Date Price: zł430 (-1.24%)
Michal Zasepa
Kruk SA - Chief Financial Officer, Member of the Management Board

Good afternoon. My name is Michal Zasepa, and I will present results for six months of 2024 for the Kruk Group. Thank you for taking time to seeing this presentation. I'm now making available the presentation. This presentation is also available on our website and I will refer to the slides that you will see. You also have an option for Q&A. Please ask questions throughout the presentation. I will come back to them after I finish presentation and respond to your questions.

This is my pleasure to say this is the best six months in the history of the company. We have earned PLN603 million. This is 14% increase year-on-year. This is better than expected when we were making budget plans for 2024. And this is more or less in line what we expected when we also talked to you about after Q1. So we are on plan likely to have another record year in terms of net profit for the entire 2024.

The cash EBITDA was record high. You can see here, 11% increase the recoveries, overall consolidated level were on plan 16%,

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