FleetPartners Group Ltd (ASX:FPR)
A$ 3.41 0 (0%) Market Cap: 831.30 Mil Enterprise Value: 1.78 Bil PE Ratio: 11.52 PB Ratio: 1.37 GF Score: 75/100

Half Year 2019 Eclipx Group Ltd Earnings Call Transcript

May 31, 2019 / 12:30AM GMT
Release Date Price: A$1.12 (+28.74%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Eclipx First Half 2019 Results Presentation. (Operator Instructions) I must advise you that this conference is being recorded today, Friday, the 31st of May 2019.

I will now like to hand the conference over to your first speaker today, Mr. Julian Russell, CEO for the Eclipx Group. Thank you. Please go ahead.

Julian Russell
Eclipx Group Limited - CEO

Thank you, Vincent, and good morning all, and thanks for joining the company's first half results. With me in the room is Jason Muhs; and our Chairman, Kerry Roxburgh. I'd like to start by saying the group results is clearly very disappointing and it is unacceptable, and we have a definitive clear plan to address this.

If I turn over to Slide 5 of the presentation, I want to point out a few points.

So firstly, Eclipx has strayed away from its core strength. The group has become overly complex, and the pursuits of inorganic growth, poor integration and significant cost overruns have led to this adverse outcome. The core

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