Reliance Worldwide Corp Ltd (STU:0EU)
€ 3.16 0.02 (0.64%) Market Cap: 2.51 Bil Enterprise Value: 3.01 Bil PE Ratio: 24.14 PB Ratio: 2.09 GF Score: 69/100

Full Year 2019 Reliance Worldwide Corporation Ltd Earnings Call Transcript

Aug 26, 2019 / 11:00PM GMT
Operator

Thank you for standing by, and welcome to the Reliance Worldwide Corporation Limited 2019 Full Year Earnings Announcement. (Operator Instructions)

I would now like to hand the conference over to Mr. Heath Sharp, Chief Executive Officer. Please go ahead.

Heath Sharp
Reliance Worldwide Corporation Limited - Group CEO, MD & Director

Good morning, everyone, and thank you for joining us today. This is Heath Sharp, CEO of Reliance. And with me is Gerry Bollman, CFO; and IR Director Phil King.

We released our FY '19 year-end results to the ASX this morning, including our results presentation. For this call, we will run through the presentation and then open up to questions.

I will begin with the highlights and then hand over to Gerry to step through the financial results in more detail, and then I'll come back to talk briefly on our outlook before moving to Q&A.

So let's start on Page 5 of the presentation and hit the highlights for the year. Our adjusted net profit after tax increased by 80% to $152 million. This has

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