Orlen SA (STU:PKY1)
€ 16.93 -0.052 (-0.31%) Market Cap: 19.82 Bil Enterprise Value: 23.10 Bil PE Ratio: 4.00 PB Ratio: 0.54 GF Score: 76/100
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Q4 2020 Polski Koncern Naftowy Orlen SA Earnings Call Transcript

Feb 04, 2021 / 08:00AM GMT
Release Date Price: €12.68 (-1.05%)
Operator

Ladies and gentlemen, welcome to the conference call of PKN ORLEN. At our customer's request, this conference will be recorded. (Operator Instructions)

I will now hand over to Mr. Konrad Wlodarczyk, IR Director. Sir, you may begin.

Konrad Wlodarczyk
Polski Koncern Naftowy ORLEN Spólka Akcyjna - IR Director

Thank you, operator. Good morning, ladies and gentlemen. Welcome to the conference call regarding PKN ORLEN consolidated financial results for the fourth quarter 2020. The presentation that was mailed to you and is available on our web page will be delivered by me and Michal Perlik, Executive Director for Finance Management.

After the presentation, as usual, there will be a Q&A session. So during which several, directors from PKN ORLEN will be ready to take your questions.

And as usual, I may say so, Q4 results is always a good moment to summarize the whole year. Therefore, let's move quickly to Slide #3 to see how last year looked like. So we may say that 2020 was definitely tough and challenging, yes. So COVID had

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