Half Year 2023 Jastrzebska Spolka Weglowa SA Earnings Call Transcript

Sep 07, 2023 / 09:00AM GMT
Tomasz Cudny - Jastrzebska Spólka Weglowa S.A. - CEO, Deputy CEO of Development & President of the Management Board

Good morning, ladies and gentlemen. I'd like to welcome you. We have good results generated by the company. The company at this similar period, corresponding period, somebody can say that the results are softer. But if we go back to what was happening in the first half of 2022, you'll find the explanation. Well, the market contacts the uncertainty in terms of what was going to happen after the outbreak of war in Ukraine, certain logistics problems. In terms of the transport of coal from Australia because of Climate really did risk the products, our products prices sored. We took advantage of that opportunity. And you could see that reflected in the results we reported for 2022.

The price of coking coal -- coke we had 25% in terms of coking coal and 20 so odd percent in terms of coke, but prices were up that much. And we cannot say today that we have soft results. We have good results we're taking advantage of the situation on the market, thanks to the work done by the Commercial

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