Renold PLC (FRA:7M5)
€ 0.58 -0.005 (-0.85%) Market Cap: 118.55 Mil Enterprise Value: 165.89 Mil PE Ratio: 6.85 PB Ratio: 1.97 GF Score: 60/100

Full Year 2019 Renold PLC Earnings Call Transcript

May 28, 2019 / 08:30AM GMT
Mark J. Harper
Renold plc - Non-Executive Chairman

Good morning, everyone. A couple of new faces in the room. My name is Mark Harper, I'm Chairman of Renold plc and to my far right is Robert Purcell, our CEO; and to my immediate right, Ian Scapens, our Group Finance Director. I'd like to welcome you all and also to those who are on the call this morning.

Just a couple of very brief points for me. Firstly, we're actually very pleased with these numbers as you might imagine. And I think just one point I'd like to make before the guys get into the detail is that often when you look at the charts, the charts don't actually demonstrate the massive improvement in quality of earnings that's been undertaken in the company in the last 5 or 6 years and hopefully -- I'm sure that will actually kind of come through and emerge as the guys go through the presentation.

So without further ado, I'll hand over to Robert who's going to kick things off this morning.

Robert Purcell
Renold plc - Chief Executive & Executive Director

Thank you, Mark. Good

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