The resilience of PPF’s industry and geographical spread is substantiated by a profitable second half in 2020. The Group is well placed to seize opportunities during the post-covid economic recovery.
PPF Group recorded a net profit of EUR 93 million in the second half of 2020. According to the consolidated and audited results PPF reduced its full-year net loss to EUR 291 million from EUR 384 million as at 30 June 2020.