Pets at Home Group PLC (FRA:6P8)
€ 3.71 0.178 (5.04%) Market Cap: 1.72 Bil Enterprise Value: 2.16 Bil PE Ratio: 18.34 PB Ratio: 1.42 GF Score: 89/100

Preliminary Q4 2023 Pets at Home Group PLC Earnings Call Transcript

May 25, 2023 / 08:30AM GMT
Release Date Price: €4.11 (-2.52%)
Lyssa R. McGowan
Pets at Home Group Plc - Group CEO & Director

Good morning, everybody. Thank you so much for coming this morning and spending the time with us. And today actually marks my 1-year anniversary as CEO. And it has been the most enjoyable, rewarding, challenging, demanding and incredible year of my life. And I've been out and about a lot in the stores and in the vets and really felt that special culture that is Pets at Home. Absolutely fantastic.

So we're announcing today and you'll have seen this morning from our RNS record results, record revenue growth, record profit, slightly ahead of consensus, record free cash flow of almost GBP 100 million and importantly, record consumer growth as well. Our growth has come from volume as well as value.

We've also made really strong, strategic, operational and delivery progress in the business this year. We've opened our new DC, and Lisa will talk to you more about that. We've launched our new app on our new digital platform and made real progress there. And we've launched our new branding under our new Pets brand, bringing the

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