Domain Holdings Australia Ltd (FRA:3DH)
€ 1.72 -0.01 (-0.58%) Market Cap: 1.11 Bil Enterprise Value: 1.21 Bil PE Ratio: 42.69 PB Ratio: 1.64 GF Score: 77/100
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Full Year 2019 Domain Holdings Australia Ltd Earnings Call Transcript

Aug 16, 2019 / 12:30AM GMT
Release Date Price: €1.76 (+1.21%)
Operator

Thank you for standing by, and welcome to the Domain Full Year Results Announcement Conference Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Jason Pellegrino, Managing Director and Chief Executive Officer. Please go ahead.

Jason Pellegrino
Domain Holdings Australia Limited - MD, CEO & Director

Good morning, everyone. Thanks for joining me and CFO Rob Doyle for Domain's 2019 Full Year Results Briefing. We'll run through our usual agenda. I'll start with an overview of how we are delivering on our group strategy and the key operational drivers of the results followed by some comments on the current trading environment. Rob will then take you through the group financials. After which, we'll both be happy to take your questions.

For FY '19, Domain delivered a solid performance in the context of the challenging year faced by the Australian property market. To put this into perspective, property sales as a percentage of Australia's dwelling stock are at their lowest point in more than 20 years. Our

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