JTC PLC (FRA:2N9)
€ 12 0.1 (0.84%) Market Cap: 2.00 Bil Enterprise Value: 2.20 Bil PE Ratio: 73.47 PB Ratio: 3.30 GF Score: 92/100

Half Year 2020 Jtc PLC Earnings Call Transcript

Sep 15, 2020 / 08:30AM GMT
Release Date Price: €4.79 (+1.27%)
Nigel Anthony Le Quesne
JTC PLC - Group CEO & Executive Director

Good morning, everybody. Welcome to the presentation of JTC plc's interim results for 2020. I'm Nigel Le Quesne, the Group CEO, and presenting with me as usual is Martin Fotheringham, our Group CFO.

Once again, we are faced with a virtual presentation, but I do hope on the next occasion we will be meeting in person. The next half an hour or so, I will present my CEO highlights, and Mark will run through the financial review. Then I'll follow-up with a business review of the first half of 2020, including a more detailed insight into the impact on the business of the COVID environment, and provide an update on our recent acquisitions and the M&A market as a whole, closing with our outlook for the rest of the year. Then we'll open up for questions.

So if you can turn to Slide 4 and the summary of the trading for the first half of 2020. In general terms, I think we produced solid results with good growth in challenging times. We recognized when we presented to you in April, the year was largely going to be shaped for

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