Marshalls PLC (STU:1QG)
€ 3.98 0 (0%) Market Cap: 1.02 Bil Enterprise Value: 1.24 Bil PE Ratio: 39.88 PB Ratio: 1.28 GF Score: 75/100

Half Year 2021 Marshalls PLC Earnings Call Transcript

Aug 19, 2021 / 08:00AM GMT
Release Date Price: €8.55 (-1.72%)
Martyn Coffey
Marshalls plc - CEO & Executive Director

Okay. Good morning. I'd like to welcome you to Marshalls' half year results, which I'm presenting today. And also today, I have the pleasure of introducing Justin Lockwood, who has joined us in July as our new CFO; and Justin will obviously have the opportunity to talk to you. What I'm going to cover today is the highlights, obviously, of the business, the first 6 months. The financial performance will be covered by Justin. And I'll talk about the market, both the domestic and the public sector and commercial. We'll then talk about and give you an update on our 5-year strategy. And then we'll talk about the ESG leadership that we believe is obviously continuing in the business. There's a summary at the end, and then there's an opportunity for anybody to ask any questions.

So if we look at the numbers, the first thing, obviously, is at the moment, we're seeing the sales up some 6%. We're comparing to 2019 and 2020. But the reality from a business point of view and continuity, we think it's more appropriate to focus on the change between

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