Polska Grupa Energetyczna SA (FRA:6PG)
€ 1.5395 -0.0115 (-0.74%) Market Cap: 3.46 Bil Enterprise Value: 5.41 Bil PE Ratio: 0 PB Ratio: 0.32 GF Score: 79/100

Q3 2023 PGE Polska Grupa Energetyczna SA Earnings Call Transcript

Nov 22, 2023 / 09:00AM GMT
Release Date Price: €1.62 (-0.67%)
Unidentified Company Representative

Welcome at the press conference of PGE Polska Grupa Energetyczna, focused on financial and other results for the last quarter. We have CEO, Wojciech Dabrowski; Vice President of the Management Board for Finance, Lechoslaw Rojewski; and Director of Finance Division, Piotr Sudol. In a moment, I will give over to the Management Board members, and then we will end with a Q&A session. Mr. President?

Wojciech Dabrowski
PGE Polska Grupa Energetyczna S.A. - CEO & President of the Management Board

Ladies and gentlemen, the year 2023 is heading towards an end, and the past 3 quarters have shown the key role of the Polish Energy Group in the process of transformation of the Polish energy sector, over PLN 0.6 billion investment that we had this year represented a 73% on the one -- on past year, and that is excluding our acquisitions in network and renewable energy assets. So that indicates our consistency in implementing the strategy of the Polish Energy Group. Now this direction is continued in line with the strategy of 2020 and

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