Q4 2021 Kofola CeskoSlovensko as Earnings Call Transcript
Ladies and gentlemen, welcome to Kofola's 2021 Results Conference Call. You will now hear a recorded presentation of Janis Samaras, Group CEO, followed by a summary of the group's results presented by Group CFO, Martin Pisklák and business insights from CzechoSlovakia and the Adriatic presented by country CEOs, Daniel Burys and Marian Sefcovic.
Dear investors, commenting on our results in the annual report for the last 2 years has felt more like a lecture on the historical events of the last century. There is a lot going on. What was true a month ago is different today. A few weeks ago, the world seemed to be returning to normal after the pandemic years. Even our sales in the first quarter of 2022 were back to 2019 levels.
But then came the news from Ukraine and the world changed again. The Russia-Ukraine conflict is something that haunts me. I experienced it very personally perhaps because my parents, my grandparents and our entire
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