Orlen SA (WAR:PKN)
zł 52.6 -1.1 (-2.05%) Market Cap: 61.07 Bil Enterprise Value: 74.50 Bil PE Ratio: 6.20 PB Ratio: 0.41 GF Score: 86/100

Q3 2020 Polski Koncern Naftowy Orlen SA Earnings Call Transcript

Oct 29, 2020 / 08:00AM GMT
Release Date Price: zł38.99 (+3.31%)
Operator

Dear, ladies and gentlemen, welcome to the Consolidated Financial Results of PKN ORLEN Q3 2020 Conference Call. At our customers' request, this conference will be recorded. (Operator Instructions) In the meantime, it is my pleasure to return the floor to Mr. Konrad Wlodarczyk. Please go ahead, sir.

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 third quarter 2020. The presentation that was e-mailed to you and is available on our website will be delivered by me and Michal Perlik, Executive Director for Finance Management.

And as usual, after the presentation, there will be a Q&A session. So -- during which several directors from PKN ORLEN will be ready to answer your questions. With no further delay, we can kick off and go firstly to Slide #3. So key facts and figures.

In the third quarter, PKN ORLEN achieved PLN 2 billion EBITDA LIFO. And we perceive this result

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