Orlen SA (STU:PKY1)
€ 15.636 -1.294 (-7.64%) Market Cap: 18.19 Bil Enterprise Value: 20.96 Bil PE Ratio: 5.37 PB Ratio: 0.51 GF Score: 78/100
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Q2 2020 Polski Koncern Naftowy Orlen SA Earnings Call Transcript

Jul 30, 2020 / 08:00AM GMT
Release Date Price: €11.85 (-5.62%)
Operator

Ladies and gentlemen, welcome to the PKN ORLEN Second Quarter 2020 Consolidated Financial Results Conference Call. At our customer's request, this conference will be recorded.

(Operator Instructions) It is now my pleasure to hand you over to Mr. Konrad Wlodarczyk, IR Director. Sir, you may begin.

Konrad Wlodarczyk;Investor Relations Director

Thank you, operator. Good morning, ladies and gentlemen. Welcome to the conference call regarding PKN ORLEN consolidated financial results for the second quarter 2020. Today's presentation that was e-mailed to you is available as well on our website. The presentation will be delivered by me and Michal Perlik, who is the Executive Director for Finance Management. And after the presentation, there will be a Q&A session, during which several directors from PKN ORLEN will be ready to answer your questions.

With no further delay, I go to Slide #3. So key facts and figures. In second quarter, PKN ORLEN achieved PLN 5.7 billion EBITDA LIFO. And this result includes a profit on the bargain purchase

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