THG PLC (STU:HG0)
€ 0.511 -0.0015 (-0.29%) Market Cap: 781.69 Mil Enterprise Value: 1.60 Bil PE Ratio: 0 PB Ratio: 0.62 GF Score: 46/100

Q3 2021 THG PLC Corporate Sales Call Transcript

Oct 26, 2021 / 08:00AM GMT
Release Date Price: €3.16 (-13.77%)
Operator

Good day, and welcome to the THG Quarter 3 Trading Update. At this time, I would like to turn the conference over to Mr. Matt Moulding, CEO. Please go ahead, sir.

Matthew J. Moulding
THG Plc - CEO & Executive Chairman

Good morning, everybody, and thank you for taking the time to dial in to our third quarter trading update. In terms of the people that I have with me, I have most of the senior management team, including Matt Rothwell, Deputy CFO; John Gallemore, CEO of Ingenuity; Steve Whitehead, our Group Commercial Director; as well as the CEOs of each of our divisions.

We will be ready to answer any questions on today's announcement. However, first, I just want to give you a brief update on the trading performance of the business and the broader news in this morning's release. In terms of the financials, I'm pleased to report a strong quarter with Group revenue of GBP 508 million, which is up over 38% on the prior year on a constant currency basis, and that's plus-93% on a 2-year basis.

We are particularly proud of the way Ingenuity

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