Grainger PLC (LSE:GRI)
£ 2.39 0 (0%) Market Cap: 1.76 Bil Enterprise Value: 3.27 Bil PE Ratio: 0 PB Ratio: 0.95 GF Score: 58/100

Half Year 2020 Grainger PLC Earnings Call Transcript

May 14, 2020 / 07:30AM GMT
Release Date Price: £2.49 (+1.39%)
Helen C. Gordon
Grainger plc - CEO & Executive Director

Good morning, everyone, and welcome to Grainger's half year results. This first half, we have delivered a good performance. We have a strong business in a resilient sector, and we have secured some good opportunities to grow the business and deliver our shareholders further growth and our customers and communities exceptional homes with exceptional service.

The format for this morning is that I'll take you through the highlights and, in particular, I'll cover the impact of COVID-19 on the business. I'll cover our progress on our pipeline and delivering on our strategy. Our CFO, Vanessa Simms, will review our performance in more detail, dealing with the strength of our balance sheet, the resilience of our income and the funding of our growth agenda. I'll then update you on the investment case for our sector and why we believe it remains resilient. I'll update you on our exciting future pipeline and our recent successes enabled by the equity raise we implemented in February. We'll then have an opportunity for Q&A, and I'll ask Andrew

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot