2024-04-26 16:55:30 ET
KGHM Polska Miedz S.A. (KGHPF)
Q4 2023 Results Conference Call
April 25, 2024 06:00 AM ET
Company Participants
Janusz Krystosiak - Head, Investor Relations Department
Andrzej Szydlo - President
Zbigniew Bryja - Vice President, Development
Piotr Krzyzewski - Vice President, Finance
Miroslaw Laskowski - Vice President, Production
Piotr Stryczek - Vice President, Corporate Matters
Conference Call Participants
Pawel Puchalski - Santander Brokerage House
Presentation
Janusz Krystosiak
I think now you can hear me very well. Maybe that was a good sign. But for the first time was not had. I would like to welcome the record on the everyone who is here with us in Warsaw and those who are following our broadcast today via our website. Our today's meeting will focus on discussion of the results that were published yesterday.
These are operational and financial results of the KGHM Polska Miedz for 2023.
And it is also an opportunity for all those following the transmission discussed with the management board, the prospects for the company, the current situation and the plans. I would like to introduce members of the Management Board, Andrzej Szydlo, President of the Management Board. Zbigniew Bryja, Vice President of the Management for Development; Piotr Krzyzewski, Vice President for Finance; Miroslaw Laskowski, Vice President of the Management Board for production. And Piotr Stryczek, Vice President of the Management Board for Corporate Matters.
My name is Janusz Krystosiak. I have the honor of hosting today's meeting, and I already invite you to participate in the Q&A session that will follow the presentation. Now, I would like to give the floor to the CEO.
Andrzej Szydlo
Good afternoon, ladies and gentlemen. Before we proceed to the presentation and discussion, hopefully, the best possible atmosphere, the results of KGHM 2023. I would like to start with a general background about the company. KGHM, against the backdrop of other metal producers can boast a few advantages. Maybe not huge advantages, but, let's say, a few characteristics that make it unique.
The first of this characteristics is people and experience the history of KGHM is over 60 years now. On the 1st of May, we will celebrate somewhat arbitrary anniversary of 33 years of operation of KGHM at the market. Another characteristic of KGHM is that it owns its own copper deposits. And third characteristic, a very important one is we are an integrated technological operator. A lot of producers of metals only have certain assets.
They do not own the full value creation chain. We have modern metallurgy, and we can provide a complete end-to-end technological process. Janusz Krystosiak presented our names, but I would like to give you a somewhat broader introduction about the management board. Probably, we have some questions. We are a new management board.
We have been working with a team for a month and a half now only. However, I would like to highlight that it is a great honor for me to work with set colleagues. First of all, I have never dreamt of becoming the CEO of KGHM. And more importantly, I couldn't have a ramp of a better composition of the management board. We have managers of mining industry, and it's a great honor to work with Mr. Byrja and Mr. Laskowski for years, I have worked with them as my directors. And I looked up to them as mentors. Mr. Krzyzewski has got the shortest tenure with us, but I would also like to say a few words about him....
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KGHM Polska Miedz S.A. (KGHPF) Q4 2023 Earnings Call Transcript