Foxtons Group PLC (CHIX:FOXTl)
£ 0.682 0 (0%) Market Cap: 205.43 Mil Enterprise Value: 259.82 Mil PE Ratio: 40.00 PB Ratio: 1.63 GF Score: 56/100
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Half Year 2022 Foxtons Group PLC Earnings Call Transcript

Jul 28, 2022 / 08:00AM GMT
Release Date Price: £0.4425 (+6.50%)
Peter Rollings
Foxtons Group plc - Interim CEO & Director

Good morning, everyone, and I'd like to welcome you all to our half year 2022 results call. I'm Foxtons Interim CEO, Peter Rollings, and I'm joined on the call by Chris Hough, our CFO. I will start in a moment by giving a brief update on our strategic progress and the market update, and then Chris will take you through the financials before I finish with a summary and some perspectives on outlook. Then we will both be on hand to answer any questions you may have.

Before I begin with the presentation, by way of background, I spent 20 years here at Foxtons, the final 7 as Managing Director, and I was delighted when I was asked to come back last December as an NED. I told there were some issues with the company that needed addressing. And when I was asked to step up to be the interim CEO for 3 months prior to the new CEO start again September, once again, I was delighted. Over the past 7 weeks, I've taken the opportunity to take a really good look at the business. Despite the obvious challenges, I'm pleased to report that the heart of

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