Q1 2019 Kofola CeskoSlovensko as Earnings Call Transcript

May 16, 2019 / 07:30AM GMT
Operator

Ladies and gentlemen, welcome to Kofola's First Quarter 2019 Results Conference Call. I will now hand you over to your host, Mr. Pavel Jakubík, Kofola Group CFO. Sir, please go ahead.

Pavel Jakubík - Kofola CeskoSlovensko a.s. - Group CFO & Director

Thank you. Good morning, ladies and gentlemen. Welcome to Kofola First Quarter 2019 Conference Call. My name is Pavel Jakubík, Kofola Group CFO, and I will lead you through the comments for the first quarter results. Allow me to start with some general comments first. The first quarter, as you probably know, is off-season of -- for our business, with just 1 peak being the Easter time, which this year took place just in April as compared to Easter 2018 in March. So this one fact that should be taken into account when analyzing the figures. Despite this fact, Kofola Group has been able to deliver in the first quarter very positive results, EBITDA of CZK 118 million, which means growth of more than 12%. And by that, we have some foundation for further growth in the company's value. This

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