The Environmental Group Ltd (ASX:EGL)
A$ 0.35 0.005 (1.45%) Market Cap: 131.27 Mil Enterprise Value: 126.64 Mil PE Ratio: 29.17 PB Ratio: 3.19 GF Score: 69/100

Full Year 2023 Environmental Group Ltd Earnings Call Transcript

Aug 24, 2023 / 04:00AM GMT
Release Date Price: A$0.21 (-4.55%)
Jason Dixon
The Environmental Group Limited - CEO

Thanks, [Melanie]. Welcome, everyone. I'm pleased to be presenting to you today The Environmental Group's FY23 results presentation. I'm joined by Andrew Bush, the CFO, as well. So we'll be able to hopefully answer all of your questions.

So to start off very top level, most of you are probably familiar with this diagram about how we fit together. So the existing businesses that I'll go through within the EGL: EGL Clean Air, which is TAPC and Airtight. For those that have seen this diagram before, you'll be pleased to see the addressable market's gone up substantially with the acquisition of Airtight to about $400 million.

Baltec Inlet and Exhaust Systems that does our gas turbine upgrades and modifications, again, some great news there. We've seen the addressable market go up by a further $100 million, $150 million post our solar farm inverter technology that we introduced to the market only a couple of months ago now.

And the final one of the operating businesses, EGL Energy and our boiler segment, remain the same at around

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