Half Year 2024 Pepco Group NV Earnings Call Transcript - Thomson StreetEvents

Half Year 2024 Pepco Group NV Earnings Call Transcript

Half Year 2024 Pepco Group NV Earnings Call Transcript - Thomson StreetEvents
Half Year 2024 Pepco Group NV Earnings Call Transcript
Published May 23, 2024
11 pages (7650 words) — Published May 23, 2024
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of PCOP.WA earnings conference call or presentation 23-May-24 3:30pm GMT

  
Brief Excerpt:

...Afternoon, everyone, and thank you for your time. Apologies for the slight delay in this presentation for technical issues beyond our control. I want to make a few introductory comments, then I'll hand over to Neil Galloway, who you're all familiar with now, and then I'll come back to give you some closing remarks. So look, an introduction from me. I'd say these are very pleasing set of results with some significant progress against the objectives we set out at the Capital Markets Day. What would I highlight, our core Pepco business has delivered very strong profit growth in half one at around 40% EBITDA growth year on year with more to come in the second half, I believe. We still feel very confident that the future growth plan is intact. We see a very large white space for growth into the future with our focus in the short-term future being investing primarily in the CEE markets where we know most about how to deliver an excellent return on invested capital. Whilst we will focus on CEE...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Pepco Group NV
Ticker
PCOP.WA
Time
3:30pm GMT
Format:
PDF Adobe Acrobat
Buy Now

The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Michal Potyra - UBS AG - Analyst : Hi. Good afternoon, everyone. Michal Potyra from UBS. Firstly, congrats on the EBITDA performance and definitely above market expectations. But my question really goes therefore into your full year guidance kind of implies that the second half will be worse. And I'm just wondering because that doesn't really correspond to what you've been saying about accelerating like-for-likes and cutting over the gross margin benefits, et cetera. Is the guidance thing relaxed super conservative or are there other elements impacting your expected EBITDA for the full year?

Question: Michal Potyra - UBS AG - Analyst : Thank you.

Question: Michal Potyra - UBS AG - Analyst : Hi, maybe we can continue with the with the questions, please. I'm just wondering if you could comment maybe a little bit more specific on Dealz. I understand his business is still kind of in a testing phase. But could you perhaps give a little bit more color on on Dealz profitability? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 23, 2024 / 3:30PM, PCOP.WA - Half Year 2024 Pepco Group NV Earnings Call

Question: Michal Potyra - UBS AG - Analyst : Okay, thank you. Maybe I can go with another question, please. Mayb if you could comment on your segment revenue. Actually, I'm looking at the geographical breakdown and I'm just looking at Poland materially outpacing the rest of CEE. And I'm wondering was Poland doing so well or the rest of the CEE not yet catching up? I am just trying to --

Question: Michal Potyra - UBS AG - Analyst : Okay, understood. So no like-for-like --

Question: Michal Potyra - UBS AG - Analyst : Thank you.

Question: Rafal Wiatr - Citi - Analyst : Hello. Congratulation on the numbers. Could you comment a little bit on the sustainability of gross margins in the second half of the year? How we should think about it?

Question: Rafal Wiatr - Citi - Analyst : So that's a function Q3 and Q4 gross margin could be at the level of second quarter. Is that too optimistic?

Question: Rafal Wiatr - Citi - Analyst : Thank you. And just the last one assuming that you will deliver this EUR900 million, maybe even better given the margins and the strong cash flow generation, what are your thoughts regarding the potential dividend next year?

Question: Rafal Wiatr - Citi - Analyst : Okay, thank you.

Table Of Contents

Q3 2025 Pepco Group NV Trading Statement Call Transcript – 2025-07-10 – US$ 54.00 – Edited Transcript of PCOP.WA sales update conference call or presentation 10-Jul-25 7:30am GMT

Half Year 2025 Pepco Group NV Earnings Call Transcript – 2025-05-22 – US$ 54.00 – Edited Transcript of PCOP.WA earnings conference call or presentation 22-May-25 7:30am GMT

Pepco Group NV Capital Markets Day Transcript – 2025-03-06 – US$ 54.00 – Edited Transcript of PCOP.WA corporate analyst meeting</ 6-Mar-25 1:30pm GMT

Q1 2025 Pepco Group NV Trading Statement Call Transcript – 2025-01-18 – US$ 54.00 – Edited Transcript of PCOP.WA sales update conference call or presentation 18-Jan-25 8:30am GMT

Q3 2024 Pepco Group NV Trading Statement Call Transcript – 2024-07-11 – US$ 54.00 – Edited Transcript of PCOP.WA sales update conference call or presentation 11-Jul-24 7:30am GMT

Q2 2024 Pepco Group NV Trading Statement Call Transcript – 2024-04-11 – US$ 54.00 – Edited Transcript of PCOP.WA sales update conference call or presentation 11-Apr-24 7:30am GMT

Pepco Group NV Annual Shareholders Meeting Transcript – 2024-03-15 – US$ 54.00 – Edited Transcript of PCOP.WA shareholder or annual meeting 15-Mar-24 12:00pm GMT

Q1 2024 Pepco Group NV Trading Statement Call Transcript – 2024-01-18 – US$ 54.00 – Edited Transcript of PCOP.WA sales update conference call or presentation 18-Jan-24 8:30am GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Half Year 2024 Pepco Group NV Earnings Call Transcript" May 23, 2024. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Half-Year-2024-Pepco-Group-NV-Earnings-Call-T16130103>
  
APA:
Thomson StreetEvents. (2024). Half Year 2024 Pepco Group NV Earnings Call Transcript May 23, 2024. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Half-Year-2024-Pepco-Group-NV-Earnings-Call-T16130103>
  
US$ 54.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.