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
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Preliminary Q4 2020 Pets at Home Group PLC Earnings Q&A Conference Call Transcript

May 21, 2020 / 08:30AM GMT
Release Date Price: £2.2 (-4.26%)
Peter Pritchard
Pets at Home Group Plc - Group CEO, Director & CEO of Vet Group

Good morning, everybody. Sorry for the slight delay. We had quite a late flurry of people wanting to join the call. I certainly hope that you're all safe and well.

We're very sorry that we can't do our presentation in person today. Obviously, the crisis meaning that we're doing it remotely, but being pleased to say that Mike Iddon and I are here to answer your questions. We are, of course, socially distanced, in case you're worried about that. Hopefully, we'll have a chance to see our audio webcast and our full presentation is on our website.

Before we open up for Q&A, I'd just like to give a very brief summary of our results for last year. So FY '20 was an outstanding year for Pets at Home, and we feel that the results speak for themselves. It demonstrates our Pet Care strategy is working, with revenue being above GBP 1 billion for the first time, with revenue being up 10% year-on-year. In retail, we experienced like-for-like growth of 9.4%, and vectors for revenue was up 13.5% and PBT growing as

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