Fleetwood Ltd (OTCPK:FLWLF)
$ 2 0 (0%) Market Cap: 122.08 Mil Enterprise Value: 108.47 Mil PE Ratio: 49.75 PB Ratio: 1.13 GF Score: 76/100

Full Year 2019 Fleetwood Corp Ltd Earnings Call Transcript

Aug 29, 2019 / 01:30AM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the 2019 full year results.

I'd now like to hand the conference over to your speaker today, CEO, Mr. Brad Denison. Thank you. Please go ahead.

Bradley Raymond Denison
Fleetwood Corporation Limited - MD, CEO & Director

Well, thank you very much, and good morning, ladies and gentlemen. Look, firstly, we understand this is a really busy time of year for most of you so we'll try and keep the presentation today fairly targeted. We'll start off with a brief overview of the results for 2019, and we'll spend some time discussing as well what our forward strategy is and the factors that are likely to impact our near-term results. And I think we'll try and hold questions after the end of the session.

So let's kick it off, and if we could turn to Slide 3. First up, this last financial year has been truly transformative for Fleetwood. We sold the last remaining loss-making business we had from our legacy, which was Caravan Manufacturing, and we recovered $12 million from that sale. And

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