Half Year 2020 Kruk SA Earnings Call Transcript
Good afternoon. Welcome to the presentation of KRUK's First Half of 2020 Results. My name Michal Zasepa, I'm the CFO of KRUK, and I'm here with Piotr Krupa, the CEO. Thank you for dialing into this conference.
We'll have a presentation now. After this presentation, we ask you to send us questions via chat, chat device. Please write your name and name of your institution, and we'll be very happy to answer all of your questions.
Let's start, Piotr.
Thank you, Michal. Good afternoon, everybody.
Today, we would like to share with you some information about the second quarter results, COVID quarter, but we are more optimistic than a quarter ago. And as you know, we -- company posted the net profit of PLN 43 million, and this is better than we expected. And we delivered also the cash EBITDA approximately PLN 600 million. From operational point of view, the April was the weakest
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