Half Year 2020 First Property Group PLC Earnings Call Transcript

Nov 21, 2019 / 10:30AM GMT
Jeremy Barkes - First Property Group plc - Director of Business Development

Thank you for joining us. The -- I'm joined here by Ben Habib, Chief Executive of the Group; George Digby, the Group Finance Director; and it's Jeremy Barkes speaking, the Group Business Development Director.

The -- a copy of the interim results is posted on our website, and a copy of the presentation is there too if you go to the Media tab.

So starting -- so we'll go straight to the presentation, and we'll go straight to the results section. So if you go to Page 8 of the presentation, you'll see that our revenue was up by nearly 10% and our statutory profit up -- our statutory profit before tax up 8%. We've done this by -- if you recall, in the second half of last year, we deconsolidated the funds in which the Group used to be the majority shareholder and no longer is the majority of shareholder. So in order to make this set of results comparable with last year's, we calculated the income statement on a like-for-like basis by moving Fprop Opportunities, which used to be consolidated into the -- accounted for as

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot