THG PLC (LSE:THG)
£ 0.4782 0.0296 (6.6%) Market Cap: 729.62 Mil Enterprise Value: 1.41 Bil PE Ratio: 0 PB Ratio: 0.66 GF Score: 47/100

Q4 2020 THG PLC Trading Update Call Transcript

Jan 12, 2021 / 08:30AM GMT
Release Date Price: £7.98 (+1.01%)
Matthew J. Moulding
THG Plc - CEO & Executive Chairman

Good morning, everybody, and thank you for taking the time to dial in this morning and hear about our trade update. In terms of the people that I have with me, I have a subsection of the senior management team of John Gallemore, the CFO, but also a specific responsibility for Ingenuity. I have Matt Rothwell, the Deputy CFO. And then Adam Knappy, who leads our marketing as a Chief Marketing Officer; and then we have Kate as well, who leads our IR. And obviously, we'll all be ready to answer any questions at the end of this, but I just want to give you a brief update on the trade performance of the business through Q4.

In terms of the financials, I'm pleased to report an outstanding performance at the end of what has been quite a transformational year for THG. Our overall group revenue has increased to GBP 558.7 million for the quarter, which is 51% up year-on-year. Now that's an acceleration from the Q3 growth that we saw of about 38.7%. So particularly pleased with that. But as the divisions were to break down, you'll see a key standout

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