Full Year 2019 Powszechny Zaklad Ubezpieczen SA Earnings Call Transcript
Good afternoon, ladies and gentlemen. I'm very pleased to welcome all of you, who've decided to come to our headquarters and listen to what we have to say about 2019, especially Q4, as well as -- I'd like to thank and welcome those of you who are with us through the webcast because of the very special circumstances, which don't require any additional explication. We're dealing with a special health-related situation. We are also implementing greater precautionary measures. At PZU, we have a crisis staff. And so today, I'll be here alone without the CEO to present to you the results and walk you through them. Of course, the results for 2019.
What would I like to begin with? Well, this was a special year because the PZU Group could brag about reaching new records both in regards to sales as well as profitability. So the gross -- so the result attributable to holders of the parent company, which is subsequently up for distribution and reaches our shareholders in the form of a dividend. But if we begin with sales, it is
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