Cyfrowy Polsat SA (WAR:CPS)
zł 13.35 -0.27 (-1.98%) Market Cap: 7.35 Bil Enterprise Value: 19.66 Bil PE Ratio: 13.39 PB Ratio: 0.47 GF Score: 90/100

Cyfrowy Polsat SA Plans To Purchase Asseco Poland Shares Transcript

Dec 19, 2019 / 03:00PM GMT
Release Date Price: zł27.5 (-3.51%)
Operator

Ladies and gentlemen, welcome to Cyfrowy Polsat conference call. I will now give the floor to Ms. Katarzyna Ostap-Tomann, CFO of Cyfrowy Polsat.

Katarzyna Ostap;Tomann
Cyfrowy Polsat S.A. - CFO & Member of the Management Board

Hello. Good afternoon, everyone. Welcome. We're happy that you were able to join us so close to Christmas. From the lines, I can see there is really a lot of you so I'm really happy. And I think it just -- this transaction, both transactions have gathered your interest. Now we would like to talk about the planned alliance between us and Asseco, these are the 2 TMT leaders in Poland. Actually, this is not an exaggeration because over the past 30 years, we have worked towards building a leading position in the Polish market, and I believe we have both Cyfrowy Polsat and Asseco succeeded in this field.

Moving to the agenda of today's meeting. I'll start with explaining the structure of the transaction, then Mr. Adam Góral, the CEO and partial owner of Asseco will talk about benefits from this transaction for

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