THG PLC (CHIX:THGl)

£ 0.68875 -0.0235 (-3.36%) Market Cap: 902.16 Mil Enterprise Value: 1.48 Bil PE Ratio: 0 PB Ratio: 0.86 GF Score: 53/100

Q3 2020 THG PLC Trading Update Call Transcript

Oct 26, 2020 / 08:30AM GMT

Transcript

Matthew J. Moulding

THG Plc - CEO & Executive Chairman

Good morning, everyone. We are very excited to be releasing our first update as a listed company today, and thank you for taking the time to join us for our Q3 update call. I am Matt Moulding, Executive Chairman and CEO of The Hut Group; and I'm joined this morning by John Gallemore, our Group CFO; Steve Whitehead, our Group Commercial Director; and Matt Rothwell, Deputy Group CFO. I'm going to take you through the key messages from our Q3 update, and then we will take any Q&A, which you can submit via the webcast.

In terms of the Q3 highlights, we are really pleased with how the group has performed during the quarter, delivering strong sales growth across all our business units, which is leading us to upgrade our guidance for the full year today. We're especially pleased to be doing this in view of the fact we've delivered an IPO at the end of this quarter. Overall, group sales are up 39% in the quarter, ahead of the 36% growth seen in the first half of the year. The strong growth has been driven across all divisions. Online direct

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	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

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us ETF Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.