Powszechny Zaklad Ubezpieczen SA (LTS:0MYY)
zł 42.09 0 (0%) Market Cap: 35.53 Bil Enterprise Value: 44.97 Bil PE Ratio: 9.10 PB Ratio: 1.23 GF Score: 74/100

Half Year 2021 Powszechny Zaklad Ubezpieczen SA Earnings Call Transcript

Aug 26, 2021 / 10:00AM GMT
Release Date Price: zł42.09
Tomasz Pawel Kulik
Powszechny Zaklad Ubezpieczen SA - Management Board Member

[Interpreted] Good afternoon, ladies and gentlemen. I would like to a warm welcome at the recapitulation of our results for the second quarter and the first half of the year. And just as we did in the previous several quarters, also this time, we are having a meeting that is organized online with all restrictions resulting from the current pandemic.

And just like in the case of our previous conferences and the previous quarters, we will say a few words about our major achievements of the PZU Group in the second quarter about what we did in terms of implementing our strategy. During that time, we will recapitulate our financial results. And for the first time, we will show those results against the background of the strategy, which was announced earlier this year.

Let me start then with our major achievements and what shaped our results in the second quarter. What I would like to draw your attention to, because I have the impression we do not all keep that in mind, is that the second quarter was the peak of

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