Redrow PLC (FRA:1HO1)
€ 9.1 0 (0%) Market Cap: 3.02 Bil Enterprise Value: 2.75 Bil PE Ratio: 12.13 PB Ratio: 1.27 GF Score: 34/100

Full Year 2020 Redrow PLC Earnings Call Transcript

Sep 16, 2020 / 08:00AM GMT
Release Date Price: €4.94 (+2.06%)
John F. Tutte
Redrow plc - Non-Executive Chairman

Good morning, everyone, and I'll give you my welcome to the Q&A session for Redrow's preliminary results for the year ending June 2020. I do hope that you've all had an opportunity to view the presentation slides we published this morning and listen to what, quite frankly, felt like a rather impersonal narrative from me, Barbara and Matthew. We are, however, here live and well in sunny Castle Donington, ready to answer your questions.

Very short summing up, I think, the last few months have clearly been pretty testing for the group. But as I said in the presentation, I'm immensely proud of how the whole Redrow team responded to the pandemic and indeed continue to do so. I sincerely believe we have emerged from the crisis a better business with a clear strategy and well prepared for the challenges ahead, a strategy that Matthew set out in his part of the presentation, very much focused on what is our core strength, the Heritage Collection.

So really, on that note, I'm quite happy now to open up for questions.

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