Q1 2021 LPP SA Earnings Call Transcript

Jun 24, 2021 / 10:00AM GMT
Magdalena Kopaczewska - LPP SA - IR Manager

Welcome, Magdalena Kopaczewska, Investor Relations in LPP; and Przemyslaw Lutkiewicz, Vice President of the Management Board of LPP. Welcome to the results conference for the first quarter of the year where we will tell you about the financial results and discuss the interesting corporate events and our plans that we will present in the third part of the conference. And we will finish off, as usual, by a Q&A session. This is the schedule for today.

Now let me give the floor to Przemyslaw.

Przemyslaw Lutkiewicz - LPP SA - VP of the Management Board & Financial Controller

Thank you very much. Ladies and gentlemen, the results for the first quarter. Let me just remind you briefly what environment we were operating in, in the first quarter. As you remember, last year, in the first quarter of 2020, there was the first wave of the pandemic, very difficult period due to the fact that all our stores were closed. Only 10% of the time of the transactions were done by our online channels.

This year,

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot