Network International Holdings PLC (LSE:NETW)
£ 3.91 -0.012 (-0.31%) Market Cap: 2.08 Bil Enterprise Value: 2.32 Bil PE Ratio: 40.47 PB Ratio: 4.21 GF Score: 88/100

Half Year 2020 Network International Holdings PLC Earnings Call Transcript

Aug 18, 2020 / 08:00AM GMT
Release Date Price: £4.09 (-3.76%)
Operator

Good day, and welcome to the Network International interim results conference call. Today's conference is being recorded. At this time, I would like to turn the conference over to Simon Haslam. Sir, please go ahead.

Simon Haslam
Network International Holdings plc - Group CEO & Director

Good morning, everyone, and thank you for joining us to discuss Network International's 2020 Interim Financial Results. I'm sorry for the slight technical hitch at the start of our call. As you know, this is Simon Haslam, I'm the CEO; and here with me is Rohit Malhotra, our CFO. We will make a brief presentation on the results today and focus the time on any questions that you may have.

Starting now on Slide 4. Like many businesses globally, COVID-19 has been a predominant feature of our first half period, and as you know, this has impacted our revenues and financial performance, particularly through the height of lockdowns when volumes and transactions were most affected. But having said that, what is important to reiterate here is that whilst this is creating

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