Pets at Home Group PLC (LSE:PETS)
£ 3.008 -0.002 (-0.07%) Market Cap: 1.41 Bil Enterprise Value: 1.78 Bil PE Ratio: 18.34 PB Ratio: 1.42 GF Score: 89/100

Preliminary Q4 2020 Pets at Home Group PLC Earnings Call Transcript

May 21, 2020 / 06:00AM GMT
Release Date Price: £2.2 (-4.26%)
Peter Pritchard
Pets at Home Group Plc - Group CEO, Director & CEO of Vet Group

Good morning, and welcome to Pets at Home's FY '20 Preliminary Results. I hope you're safe and well and managing to adapt the challenges that are being presented to us all as a consequence of COVID-19. Of course, that also means today, we're unable to present our results to you in person. Instead, Mike Iddon, our CFO and I, have produced a short video to take you through some of the highlights from last year as well as the progress we've made through COVID-19, and what our Pet Care business may look like beyond this crisis. In addition, there's a full presentation deck available for you to download from our investor website. At 9:30 today, we will host a live Q&A to analysts and investors. Please see our RNS for details on how to join.

Looking back, we had a strong FY '20, reflecting the ongoing execution of our proven pet care strategy. We delivered record results in FY '20, exceeding GBP 1 billion worth of revenue for the first time and delivering profit ahead of expectations. Underlying PBT grew 11% year

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