RS Group PLC (LSE:RS1)

£ 7.135 0.005 (0.07%) Market Cap: 3.38 Bil Enterprise Value: 3.82 Bil PE Ratio: 20.21 PB Ratio: 2.61 GF Score: 92/100

Electrocomponents PLC Trading Statement Call Transcript

Jul 07, 2020 / 07:00AM GMT

Release Date Price: £6.76 (-0.95%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Electrocomponents Trading Update Call. (Operator Instructions) I must advise you the conference is being recorded today.

Now I'd like to hand the conference over to your speaker today, David Egan. Please go ahead.

David John Egan

Electrocomponents plc - CFO & Director

Thank you very much, and good morning, everyone. I'm David Egan, Chief Financial Officer of Electrocomponents plc.

As many of you know, Lindsley has been living back in Texas for the past few months. And given it's currently 2 a.m. in the morning there, I will be hosting this morning's call with you. This trading statement covers Q1 of our financial year to March 2021.

Overall, we remain pleased at how resilient our business has proven to be during the COVID challenges. We swiftly moved from crisis mode back to business as usual, albeit with new norms. However, that all being said, we are still closely monitoring the evolving crisis and ensuring we continue to balance the needs of all of our

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