THG PLC (FRA:HG0)
€ 0.5405 0.015 (2.85%) Market Cap: 836.49 Mil Enterprise Value: 1.66 Bil PE Ratio: 0 PB Ratio: 0.68 GF Score: 47/100

Full Year 2022 THG PLC Earnings Call Transcript

Apr 18, 2023 / 08:00AM GMT
Release Date Price: €0.855 (+12.20%)
Matthew J. Moulding
THG Plc - CEO & Director

(presentation)

Matthew J. Moulding
THG Plc - CEO & Director

I think that's by saying it's actually the proudest year I've had, and I believe THG has had in our 18, 19 years of trading. Given the environment that we've operated in, I'm really pleased with where we've ended up. And we've got record sales. We've delivered growth over GBP 2.2 billion of sales. Very few businesses managed to deliver growth last year. Naturally, if you'd asked me at the beginning of the year where I would have thought, we would have landed, then it would have been a better position than that. But given all of what's been going on in the world, I'm so pleased with where we are.

In terms of the factors that kind of we've had to deal with, one of the biggest things really has been whey pricing, inflation, everyone understands that there's been very big inflation throughout the world. And some of the real highlights for me is the actions that we took during the year. So it's not just the fact that we delivered some growth

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