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

Half Year 2024 Pets at Home Group PLC Earnings Call Transcript

Nov 28, 2023 / 09:30AM GMT
Release Date Price: €3.39 (+3.80%)
Operator

Hello, and welcome to the Pets at Home FY '24 Interim Results. I will now hand over to Lyssa McGowan to begin.

Lyssa R. McGowan
Pets at Home Group Plc - Group CEO & Director

Good morning, everyone, and thank you for joining us for our interim results call. I'm Lyssa McGowan, the CEO, and I'm here with Mike Iddon, our CFO. I hope you all had a chance to listen to our recorded presentation, which includes our thoughts on what's been an incredibly busy, but important period for the business.

So before we move to taking your questions, I just wanted to share a few key takeaways with you. The first half has been a critical period for the business, laying the foundations for our new Pet care platform as we set out at our strategic update in May. And as we stand today, we have a single DC supporting 100% of stores. We're on track to launch our new digital platform this financial year. And we've made great progress refreshing and opening new space and winning the talent. The U.K. pet care market has remained in resilient growth supported by long

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