Chemical Works of Gedeon Richter PLC (BUD:RICHTER)

Ft 9650 80 (0.84%) Market Cap: 1.76 Til Enterprise Value: 1.70 Til PE Ratio: 6.06 PB Ratio: 1.56 GF Score: 77/100

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Transcript

Operator

Good day, and welcome to the Richter announcement conference call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Mr. Gabor Orban. Please go ahead, sir.

Gabor Orban

Gedeon Richter plc - CEO

Good morning, everyone. Thank you for joining this call this morning. I prepared my notes the week before last to announce record year, both in terms of our financial performance, and also in terms of the efficiency gains in the portfolio renewal that we accomplished in 2021.

I would like to give you an overview of those topics, but I am conscious of the fact that most of you will be looking for insights on the ways in which the Russia-Ukraine war may affect our company. For that reason, I will keep this first part relatively short and I will give the floor to Mr. Bogsch, who has prepared some thoughts on the context in which this war must be understood. And he will provide historical information on previous two episodes of disruption in the post-Soviet markets.

Thereafter, I would like to discuss

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