Smiths News PLC (LSE:SNWS)
£ 0.64 0 (0%) Market Cap: 158.53 Mil Enterprise Value: 196.03 Mil PE Ratio: 6.94 PB Ratio: 0 GF Score: 54/100

Half Year 2022 Smiths News PLC Earnings Call Transcript

May 04, 2022 / 10:00AM GMT
Release Date Price: £0.363 (+4.76%)
Jonathan Michael Bunting
Smiths News plc - CEO & Executive Director

Okay. So good morning, everyone. Welcome to the presentation of Smiths News plc's interim results. The presentation is being recorded and will be available on our new website later this afternoon.

Today's formatting content is hopefully straightforward, reflecting a good performance driven by the focused application of our strategy. And in that sense, there should be no surprises. We are, however, also here to give some wider context. And Paul and I look forward to answering any questions at the end of the presentation.

So if we start with the headlines. We've returned a good performance, delivering profit growth and strong net debt reduction. Adjusted EBITDA of GBP 20.7 million is in line with expectations with growth of 1%.

Underpinning this are 2 key factors. Firstly, sales in the period are ahead of historic trends as the pandemic unwinds with further benefit from margin mix. And secondly, the absolute focus on delivering our business priorities, including the successful execution of our productivity

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