Eurocash SA (WAR:EUR)
zł 13.44 0.14 (1.05%) Market Cap: 1.87 Bil Enterprise Value: 4.43 Bil PE Ratio: 0 PB Ratio: 2.58 GF Score: 82/100

Q1 2019 Eurocash SA Earnings Call Transcript

May 10, 2019 / 12:00PM GMT
Release Date Price: zł20.78 (-1.05%)
Operator

Ladies and gentlemen, welcome to Eurocash Quarter 1 2019 Results Presentation. Today's speakers will be Luis Amaral, President of Eurocash Group; Mr. Jacek Owczarek, Chief Financial Officer; and Mr. Cezary Giza, Investor Relations Director. Sir, please go ahead.

Luis Manuel Conceicao do Amaral
Eurocash S.A. - President of the Management Board

Hello, it's Luis Amaral. Thanks for joining us on the call. We -- I just as usual will do the introduction and after Cezar, we'll follow on with Jacek.

So first quarter '19 is that the retail market and small stores market developed quite well. We saw growth of about 7% on the market, with a market without Easter, so it's quite relevant.

On the Wholesale side, we had 3.5% of sales increase with very healthy like-for-likes. And the EBITDA also went much better with 15% increase.

On the Retail side, we had minus 1.5% like-for-likes, which is basically effecting the Easter effect. If you add April, you'll see that the like-for-likes matched in April, so you can see the real like-for-like without

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