Powszechny Zaklad Ubezpieczen SA (OTCPK:PZAKY)
$ 12.14 0 (0%) Market Cap: 10.48 Bil Enterprise Value: 20.06 Bil PE Ratio: 9.10 PB Ratio: 1.23 GF Score: 78/100

Q1 2019 Powszechny Zaklad Ubezpieczen SA Earnings Call Transcript

May 14, 2019 / 08:00AM GMT
Release Date Price: $6.5
Tomasz Pawel Kulik
Powszechny Zaklad Ubezpieczen Spólka Akcyjna - Management Board Member & CFO

Ladies and gentlemen, we are very pleased to be able to welcome you to our presentation concerning the results of the PZU Group for Q1 2019. As you can see, our team is a little bit smaller. Our CEO, Mr. Surówka, would like to apologize to you who, despite extensive efforts, is not able to join us today for the presentation, and that's why the 2 of us will have the pleasure of running today's presentation, myself, along with Mr. Palac, who is responsible -- as you very well know, responsible for what is actually the essence of what the PZU Group is.

So therefore, let's go, as a matter of tradition, through a recap of our results. We'll discuss what's happened in Q1 across the various segments, and then we'll go through the results, and we'll sum up where we are at the end of Q1 in terms of achieving the various key ratios and how we're coming closer to achieving the strategic objective we had talked about when we reminded or refreshened the strategy at the outset of this year.

So some

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