Pets at Home Group PLC (FRA:6P8)
€ 3.532 -0.014 (-0.39%) Market Cap: 1.66 Bil Enterprise Value: 2.10 Bil PE Ratio: 18.34 PB Ratio: 1.42 GF Score: 89/100

Full Year 2022 Pets at Home Group PLC Earnings Call Transcript

May 25, 2022 / 09:30AM GMT
Release Date Price: €3.48 (+6.10%)
Peter Pritchard
Pets at Home Group Plc - Group CEO, Director & CEO of Vet Group

Good morning. I hope you're all safe and well, and welcome to Pets at Home FY '22 Preliminary Results Presentation. I'm Peter Pritchard, the Group CEO; and with me today is Mike Iddon, our Group CFO.

Despite another period characterized by significant and evolving external challenges, our performance this year has been nothing short of outstanding, delivering record growth in sales, profit and cash flow. We continue to take share across each segment of the market in which we operate. We welcomed over 1.1 million new pet owners across our business, lengthening the runway of growth ahead of us and we improved spend per customer with our aggregate share of customer wallet increasing by 600 basis points to 37%.

Simply put, our business has never been in a stronger position than it is today. The ongoing resilience of the pet care market, coupled with our unique omnichannel model and clear strategic priorities to make pet care as affordable, easy and convenient as possible for customers means that we look

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