Travis Perkins PLC (FRA:LFPB)
€ 9.7 0.3 (3.19%) Market Cap: 2.03 Bil Enterprise Value: 3.07 Bil PE Ratio: 0 PB Ratio: 0.82 GF Score: 71/100

Half Year 2019 Travis Perkins PLC Earnings Call Transcript

Jul 31, 2019 / 07:30AM GMT
Release Date Price: €14.24 (+4.74%)
Stuart John Chambers
Travis Perkins plc - Non-Executive Chairman

So good morning, ladies and gentlemen. My name is Stuart Chambers, I'm the Chairman of Travis Perkins plc. It's my great pleasure to welcome you to our 2019 half year results. I'm -- there is quite a lot to cover. There are a number of significant changes to the income statement, the balance sheet, and quite a few work streams to update you on. So -- but I'm not going to duplicate there, I'll leave Alan and John to do that, but I just want to cover 2 areas.

Firstly, I would like to acknowledge on behalf of the board, those work streams. The significant progress that the team has made in moving forward the strategic objectives that we laid out in our Capital Markets Day in December. That has involved, as I said, some very significant work streams involving a lot of resource and a lot of senior management time. And I think it's a great credit to the team that in doing so, they didn't fall into the trap of taking their eye off the performance ball of business as usual across the businesses. And I hope you all agree that if you look at

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