Q1 2021 EVN AG Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to the conference call on EVN's results for the first quarter of the 2020/2021 financial year. (Operator Instructions)
Let me now turn the floor over to your host, Mr. Stefan Szyszkowitz.
Good morning, and welcome to the conference call on EVN's results for the first quarter of the 2020/'21 financial year.
We started this financial year with a sound performance. EBITDA, EBIT and group are above the previous year. The main drivers for these developments were the earnings contribution of an equity accounted investees, in particular, our supply company, EVN KG; and developments in our environment segment, in particular, the start of the Kuwait project.
The COVID-19 pandemic remains a permanent factor in our daily working environment. We need to constantly ensure the protection of our employees, customers and business partners. Especially activities and projects which require personal interaction, traveling and
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