Asbury Automotive Group Inc (FRA:AWG)
€ 238 -4 (-1.65%) Market Cap: 4.75 Bil Enterprise Value: 9.55 Bil PE Ratio: 14.43 PB Ratio: 1.49 GF Score: 95/100

Asbury Automotive Group Inc Announces Acquisition of Certain Assets of Park Place Dealerships - Conference Call Transcript

Dec 12, 2019 / 02:00PM GMT
Release Date Price: €109 (+10.66%)
Operator

Good day, and welcome to the Asbury Automotive Group conference call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Mr. Matt Pettoni, Vice President of Finance and Treasurer. Please go ahead, sir.

Matthew Pettoni
Asbury Automotive Group, Inc. - VP of Finance & Treasurer

Thanks, operator, and good morning, everyone. Welcome to Asbury Automotive Group's Investor Update Call. Today's call is being recorded and will be available for replay later today. The press release detailing Asbury's acquisition of Park Place Dealerships was issued earlier this morning and is posted on our website at asburyauto.com.

Participating with us today are David Hult, our President and Chief Executive Officer; and Matt Pettoni, our Vice President of Finance and Treasurer. At the conclusion of our remarks, we will open the call up for questions and I will be available later for any follow-up questions you might have.

Before we begin, I must remind you that the discussion during the call today is likely

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