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 2023 Foxtons Group PLC Earnings Call Transcript

Jul 27, 2023 / 08:00AM GMT
Release Date Price: £0.3965 (+4.34%)
Guy Gittins
Foxtons Group plc - Group CEO & Executive Director

Good morning, everyone, and thank you for joining the Foxtons 2023 Interim Results Presentation. I'm joined by Chris Hough, Group CFO, and we will both be available at the end of the call to answer any questions you may have.

To provide an outline of the running order, I will start by giving an overview of our performance in H1 and commentary on the market environment. Chris will then take you through the financials, and I will finish with an update on our operational initiatives, an update on delivery against our strategic priorities and, finally, some thoughts on trading in July and an outlook for the rest of the year.

As everybody is undoubtedly aware, we are operating in a challenging market environment. However, as I laid out in March, there is still significant unfulfilled potential within the business. And whilst this is our first step on the journey, I am excited by the rapid progress that we have made to date.

Turning to Slide 5. On this slide, we've presented some key financial and operational

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