Half Year 2023 PKP Cargo SA Earnings Call TranscriptAug 28, 2023zł13.64Earnings- Q1 2023 PKP Cargo SA Earnings Presentation TranscriptMay 31, 2023
- Full Year 2022 PKP Cargo SA Earnings Call TranscriptApr 05, 2023zł13.64Earnings
- Q3 2022 PKP Cargo SA Earnings Call TranscriptNov 24, 2022zł13.64Earnings
- Half Year 2022 PKP Cargo SA Earnings Presentation TranscriptAug 26, 2022
- Half Year 2021 PKP Cargo SA Earnings Call TranscriptAug 20, 2021zł13.64Earnings
- Q1 2021 PKP Cargo SA Earnings Call TranscriptMay 21, 2021zł13.64Earnings
- Full Year 2020 PKP Cargo SA Earnings Call TranscriptApr 01, 2021zł13.64Earnings
- Q3 2020 PKP Cargo SA Earnings Call TranscriptNov 20, 2020zł12.63 (+0.89%)Earnings
- Half Year 2020 PKP Cargo SA Earnings Call TranscriptAug 20, 2020zł12.88 (-3.73%)Earnings
- Q1 2020 PKP Cargo SA Earnings Call TranscriptMay 21, 2020zł11.57 (+0.82%)Earnings
- Full Year 2019 PKP Cargo SA Earnings Call TranscriptMar 24, 2020zł10.24Earnings
- Q3 2019 PKP Cargo SA Earnings Call TranscriptNov 21, 2019zł24.01Earnings
- Half Year 2019 PKP Cargo SA Earnings Call TranscriptAug 22, 2019zł29.19Earnings
- Q1 2019 PKP Cargo SA Earnings Call TranscriptMay 23, 2019zł44.44Earnings
- Full Year 2018 PKP Cargo SA Earnings Call TranscriptMar 21, 2019zł46.77 (+10.25%)Earnings
Q1 2021 PKP Cargo SA Earnings Call Transcript
[Interpreted] Good morning, ladies and gentlemen, a very cordial welcome at our quarterly conference of PKP CARGO and PKP CARGO Group for Q1 2021.
The Polish economy has re-bounced during the first quarter 2021. Our GDP, national GDP, was barely 1% during the first quarter of the year. However, the GDP forecast is at nearly 5%. I'm speaking about it because freight is very much related to GDP growth. Last year, because of the crisis, because of the economies slowing down across the European countries and across the world, and these developments affected freight, especially cargo freight. This is our core business.
However, we have seen the first signs of recovery at the macro level. And that was also visible in our performance in our freight turnover and revenue. Q1 2021, in terms of freight volume and freight turnover, was better than the same period of 202. In terms of the freight volume, we were up by 1.5%. And in terms of the freight turnover, it was -- we were nearly 2% up. The turnover was -- the
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