THG PLC (CHIX:THGl)

£ 0.6765 -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

Half Year 2021 THG PLC Earnings Call Transcript

Sep 16, 2021 / 08:00AM GMT

Release Date Price: £5.94 (-7.27%)

Transcript

Matthew J. Moulding

THG Plc - CEO & Executive Chairman

Good morning, and welcome to THG Plc's 2021 interim results. We are delighted you could join us today as we reflect on exactly 1 year today since we joined the London Stock Exchange as a public company. A lot has happened over the last 12 months. The theme of today's presentation is scale, capability and collaboration. At THG, we have a passion for driving growth at a global level for our partners, and these themes will be relevant as I'm joined by the executive team, who will share a deeper insight into their divisions.

The pandemic continued to impact daily lives during the first half of 2021. And as a global business, we have become accustomed to operating with various degrees of restrictions and reopenings since March 2020. With this in mind, the strong financial performance delivered across the group with record levels of revenue, gross profit and EBITDA is even more meaningful.

In terms of our trading statement, you will see that group revenue increased by 44.7% on a constant currency basis with outstanding growth in

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