Full Year 2020 Etalon Group PLC Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to today's Etalon Group Full Year 2020 Financial Results Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today on 23rd of March 2021.
I would like now to hand over the conference to your first speaker today, Petr Kryuchkov, the Head of IR. Please go ahead, sir.
[Interpreted] Petr Kryuchkov speaking. Good afternoon, colleagues. I'm happy to welcome you at our conference call today. Today, our CFO, Ilya Kosolapov; and I are going to present Etalon Group's Full Year 2020 Financial Results. Thanks to the chosen strategy and our focus on operational excellence, in 2020, we managed to achieve solid growth across our key financial metrics and demonstrate the strongest margins in the sector.
In 2020, our company recognized an all-time high RUB 22 billion of gross profit. Moreover, our pre-PPA gross profit, that's before the purchase price
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