OSB Group PLC (STU:2UK)
€ 4.488 0 (0%) Market Cap: 2.04 Bil Enterprise Value: 933.08 Mil PE Ratio: 7.23 PB Ratio: 0.86 GF Score: 79/100

Half Year 2023 OSB Group PLC Earnings Call Transcript

Aug 10, 2023 / 08:30AM GMT
Release Date Price: €4.49
Operator

Good morning, and welcome to the OSB Group Plc 2023 Interim Results. My name is Gwen and I'll be the operator for today's call. (Operator Instructions)

I would now like to turn the conference call over to our host, Andy Golding, CEO of OSB Group. Please go ahead.

Andrew John Golding
OSB Group Plc - Group CEO & Director

Thank you. Good morning, everybody, and thank you for attending the OSB Group's 2023 half year results. It's good to get back to an in-person meeting and good to see a number of familiar faces in the room.

Firstly, I am truly sorry that this reporting period is impacted by the recent announcement we made regarding the impact of changing customer behavior in our Precise Mortgages book on the EIR accounting and consequently, the adverse adjustment we had to book in the first 6 months. This has, of course, reduced our financial KPIs in the period.

And whilst we are here to provide any further color that analysts and shareholders may require, I cannot emphasize enough that the business remains in a fundamentally

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