Vertu Motors PLC (FRA:V2N)
€ 0.71 0.005 (0.71%) Market Cap: 245.82 Mil Enterprise Value: 457.25 Mil PE Ratio: 11.13 PB Ratio: 0.55 GF Score: 62/100
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Half Year 2020 Vertu Motors PLC Earnings Call Transcript

Oct 09, 2019 / 08:30AM GMT
Robert T. Forrester
Vertu Motors plc - CEO & Executive Director

Good morning. My name is Robert Forrester, Chief Executive of Vertu Motors plc. I'd like to welcome you to our webcast of our interim results for the 6 months ended 31 of August. I'm joined this morning by Karen Anderson, our CFO, who will also be involved in the presentation. Hopefully, you've got a copy of the presentation.

Turning to Slide 1 on strategic highlights. This was a very interesting period for the sector in general, and I think the results that we're presenting show somewhat of a victory in a hard-fought fight by the group. We focused on what we could control rather than worrying about what we couldn't control, and I think that literally paid dividends. We built a business with a very strong set of business values and strong ethics, and I'll show you some evidence of that, but also really quite sophisticated unifying systems from showroom through to financial analysis, which is helping us actually to manage what is clearly a scaled business.

The group has firepower with which to not only grow the business

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