WAG Payment Solutions PLC (LSE:WPS)
£ 0.8 -0.004 (-0.5%) Market Cap: 552.02 Mil Enterprise Value: 824.02 Mil PE Ratio: 0 PB Ratio: 2.52 GF Score: 39/100

Half Year 2023 WAG Payment Solutions PLC Earnings Call Transcript

Sep 07, 2023 / 08:00AM GMT
Release Date Price: £0.906 (-2.16%)
Operator

Good day, ladies and gentlemen, and welcome to the Eurowag 2023 Half Year Results Announcement W.A.G. Payment Solution plc. (Operator Instructions).

I would like to remind all participants that this call is being recorded.

I will now hand over to Martin Vohánka, Founder and CEO at Eurowag; and Oskar Zahn, CFO, to present the results. Martin, please go ahead, sir.

Martin VohÃ;nka
W.A.G payment solutions plc - Founder, CEO & Director

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Good morning, and thank you for joining us today. It's my pleasure to welcome Oskar, our new CFO, who joined us earlier this year. Oskar will take you through our financial review in a minute, but just a few words from me first.

Eurowag entered 2023 in a strong position and continues to grow, in spite of the challenging macroeconomic environment in which we are operating. High inflation and interest rate has undoubtedly impacted the CRT industry across Europe, where we have seen notable slowdown in product manufacturing free demand and therefore, few kilometers driven by our

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