LPP SA (WAR:LPP)

zł 17400 -50 (-0.29%) Market Cap: 32.28 Bil Enterprise Value: 35.09 Bil PE Ratio: 20.09 PB Ratio: 6.84 GF Score: 94/100

Q1 2022 LPP SA Earnings Call Transcript

Jun 15, 2022 / 10:00AM GMT

Release Date Price: zł9170 (-4.92%)

Transcript

Magdalena Kopaczewska

LPP SA - IR & Sustainable Reporting Manager

Hi. Welcome. Magda Kopaczewska, Investor Relations, LPP; and Przemek Lutkiewicz, Vice President of the Management Board. Welcome to our conference for financial results for the first quarter where we will be discussing what were the key corporate events since the last meeting we had. We will also tell you about our financial results and our plans. At the end, of course, as usual, we invite you to ask questions.

We will start with key corporate events, and Przemek, he will take the floor and discuss Russia and Ukraine situations, and I will come back with telling you about trends.

Okay. Let's start with key corporate events for the first quarter. Let me just remind you that these are February, March and April months. The good news is that we are resuming our business operations in Ukraine. We reopened in April our online store there with the reservation that it only operates as a courier company that indicates where they can reach with parcels. These are mostly collection, pickup points and not local addresses, and we

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