Q1 2020 Polyus PAO Earnings Call Transcript
Ladies and gentlemen, welcome to the conference call of Polyus. At our customer's request, this conference will be recorded. (Operator Instructions)
May I now hand you over to Victor Drozdov, Head of IR, who will lead you through this conference. Please go ahead.
Welcome to our first quarter 2020 financial results conference call. Today, we have our CEO, Mr. Pavel Grachev; and our CFO, Mr. Mikhail Stiskin presenting. They will provide you with an update on the first quarter financial results. And at the same time, we're going to provide you with some additional updates on the COVID-19 spread in Russia. So with that in mind, I'll pass the floor to Mr. Pavel Grachev. Pavel, the floor is yours.
Yes. Thank you, Victor. Thank you for joining our call. In the first quarter 2020, we posted a 32% decline in top line and 33% decline on
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