Nine Months 2020 Kofola CeskoSlovensko as Earnings Call Transcript
Ladies and gentlemen, welcome to Kofola's 2020 First Quarter Results Conference Call. You will now hear a recording of the summary of the group's results presented by Group CEO, Janis Samaras, and Group CFO, Martin Pisklák. This will be followed by business insights presented by CzechoSlovakia CEO, Daniel Buryš.
Dear investors, we finished third quarter of 2020, and we can proudly say that EBITDA in third quarter was the highest in the Kofola Group history. We are very satisfied with the strength of our traditional brands and our customers' loyalty. Also both Ondrášovka and Karlovarská KorunnÃ, our important acquisitions, make me happy. Their integration is smooth and performance even above our expectations.
But there are also bad news. Currently, we all have to face second lockdown and its consequences on our personal lives and businesses. Mainly, HoReCa segment is reporting huge losses. However, due to strong summer season,
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