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

Q1 2022 Electrocomponents PLC Trading Statement Call Transcript

Jan 11, 2022 / 08:00AM GMT

Release Date Price: £11.9 (+1.28%)

Transcript

Operator

Good morning or good afternoon all, and welcome to the Electrocomponents' trading update. My name is Adam, and I'll be your operator today. (Operator Instructions) I will now hand you over to David Egan to begin. So David, please go ahead when you are ready.

David John Egan

Electrocomponents plc - CFO & Director

Thank you very much, and good morning, everyone. This is David Egan, Chief Financial Officer of Electrocomponents plc. I'll be hosting the call today. Lindsley's in the U.S. at present, with time zones making it 2:00 a.m. in the morning. We do hope that you had some quality downtime over the festive season and that you and your families remain safe and well.

Welcome to our Q3 trading update covering our performance during the 3-month period ended December 31, 2021. Trading during the third quarter continued to be strong and ahead of expectations. We outperformed our markets as our offer continues to resonate. We provide security supply, which is critical to many businesses. The market has been supportive too, especially in our electronics

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