Network International Holdings PLC (LSE:NETW)
£ 3.91 -0.004 (-0.1%) Market Cap: 2.09 Bil Enterprise Value: 2.32 Bil PE Ratio: 40.47 PB Ratio: 4.21 GF Score: 88/100
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Q3 2020 Network International Holdings PLC Earnings Call Transcript

Nov 02, 2020 / 09:00AM GMT
Release Date Price: £2.06 (-7.37%)
Simon Haslam
Network International Holdings plc - Group CEO & Director

Good morning, everyone, and thank you for joining us to discuss Network International's third quarter Trading Update. This is Simon Haslam, the CEO of Network International. And here with me is Rohit Malhotra, our CFO. And we'll make a brief presentation today and focus the time on questions from the audience.

So if I start on Slide 3, there has been much for the business to focus on through this period. And we have continued to prioritize supporting our customers and colleagues in navigating through the challenges presented by COVID-19. This is reflected in the ongoing strength of our customer relationships, and the significant improvement we saw in our recent employee engagement survey.

Whilst COVID is impacting short-term financial performance, we have a strong balance sheet with significant liquidity and we are pleased with the recent improvement in trading momentum, which is reflected in moving our revenue guidance to the top end of the range. Our strategic approach remains consistent, and we remain focused

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