Grainger PLC (OTCPK:GRGTF)

$ 3.11 0.31 (11.07%) Market Cap: 2.16 Bil Enterprise Value: 4.10 Bil PE Ratio: 56.31 PB Ratio: 0.92 GF Score: 73/100

Full Year 2020 Grainger PLC Earnings Call Transcript

Nov 19, 2020 / 09:30AM GMT

Transcript

Helen C. Gordon

Grainger plc - CEO & Executive Director

Good morning, everyone, and welcome to Grainger's full year results. In a year when many businesses have experienced challenges, I'm pleased to say that we at Grainger have delivered a strong set of results and have accelerated the growth of our business.

We have real momentum in the business. We have grown our net rental income, we have boosted our pipeline, and we are ahead of our plan in a sector that has evidenced its fundamentals during this time. The format for this morning is that I will take you through the highlights. And in particular, I will cover the growth in our income, the growth in our pipeline, our strong sales performance and importantly, the reason for our outperformance of the sector as a whole.

Vanessa, our CFO, will take you through a financial review and provide more detail on the resilience of our rental income and the strength of our balance sheet. I'll then update you on the market, the market fundamentals of our sector and Grainger's approach to it, particularly looking at the growth areas we have

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.