Codan Ltd (OTCPK:CODAF)
$ 7.11 0 (0%) Market Cap: 1.30 Bil Enterprise Value: 1.39 Bil PE Ratio: 26.25 PB Ratio: 4.70 GF Score: 89/100

Half Year 2021 Codan Ltd Earnings Call Transcript

Feb 18, 2021 / 12:01AM GMT
Release Date Price: $5.15
Operator

Welcome to the Codan Limited FY '21 Half Year Earnings Call Presentation. (Operator Instructions) If any participant has difficulty hearing the presentation, the webcast will be made available on the Codan website shortly after its completion.

I would now like to hand the conference over to Mr. Donald McGurk, Managing Director and CEO. Please go ahead.

Donald S. McGurk
Codan Limited - MD, CEO & Executive Director

Good morning. Thank you for joining our call. We have had another exceptional half year complicated by the fact that we've announced an acquisition also on Tuesday. So this is a very full call. We've got a full presentation deck, and I'm also joined by Paul Sangster, the President of our Tactical Communications division; and by Michael Barton, our CFO.

So I'll get straight into it. We have a half year summary slide, which shows a record sales for the half at $194.5 million, which translated into a record EBITDA and NPAT, and an earnings per share of $0.228. So we are feeling very, very pleased with the start that we have had to

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