Q2 2024 Pepco Group NV Trading Statement Call Transcript - Thomson StreetEvents

Q2 2024 Pepco Group NV Trading Statement Call Transcript

Q2 2024 Pepco Group NV Trading Statement Call Transcript - Thomson StreetEvents
Q2 2024 Pepco Group NV Trading Statement Call Transcript
Published Apr 11, 2024
7 pages (4223 words) — Published Apr 11, 2024
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of PCOP.WA sales update conference call or presentation 11-Apr-24 7:30am GMT

  
Brief Excerpt:

...Welcome, everyone, to this call. Just as a way of sort of getting this into -- there's two agenda items, really: one, a people update; and secondly, our quarter 2 trading update and followed by Q&A. I'm joined by Neil Galloway, who you all know by now, our CFO, who will help me with the Q&A. And Tej and a few of his colleagues in IR are with us as well. You'll know that this is really a short trading update. It's only quarter 2, and we'll keep it to headlines and store opening commentary in the context of the fact that we'll give a much more thorough update on the whole of half 1, and that's now set for May 23. So a date for your diary there. So look, let me dive into what I want to communicate today. First of all, the announcement of the appointment of our new CFO -- CEO, Stephan Borchert, who joins us on July 1. I feel that we went through a very thorough recruitment process, and we have got a fantastic candidate. And I'm delighted that Stephan will be joining us quite shortly now. He...

  
Report Type:

Transcript

Source:
Company:
Pepco Group NV
Ticker
PCOP.WA
Time
7:30am 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: Matt Clements - Barclays Investment Bank - Analyst : Just a quick question. I know you called out your core Central and Eastern European market as an area of improvement and strength. Any color on Poland in particular, and perhaps with some reference to the potential impact of the family benefit increase and minimum wage increase coming through? And then kind of any areas of weakness where you can see room for more improvement going forward? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 11, 2024 / 7:30AM, PCOP.WA - Q2 2024 Pepco Group NV Trading Statement Call


Question: Matt Clements - Barclays Investment Bank - Analyst : Very clear. And sorry, just any comment on maybe a market where you think things could improve the way you're not happy as you could be at the moment?


Question: Alison Lygo - Numis Securities Ltd - Analyst : Two quick ones for me, please. Firstly, wondering if you could just comment on the inventory position at the end of the half and how we should be thinking about that, both in terms of then how it's likely to progress through H2. And then secondly, whether you could comment on what you're expecting for the year in terms of phasing of profit throughout the year.


Question: Alison Lygo - Numis Securities Ltd - Analyst : Okay. Great. And the second one, I guess, you're perhaps going to say something similar just in terms of whether you have any expectations that phasing is going to be different from the sort of usual shape of profit for the year, sorry?


Question: Michal Potyra - UBS Limited - Analyst : It's Michal Potyra from UBS. I have two questions, please. The first one, I mean, you commented on the gross margin trend, but could you also please give us some color on the OpEx position? We have seen lots of retailers facing challenges here. So the first question. And the second question, could you comment on your expectations regarding competition in the coming years, especially given one of your competitors, Sinsay announcing a very aggressive store additions plans?

Table Of Contents

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

Half Year 2024 Pepco Group NV Earnings Call Transcript – 2024-05-23 – US$ 54.00 – Edited Transcript of PCOP.WA earnings conference call or presentation 23-May-24 3:30pm 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. "Q2 2024 Pepco Group NV Trading Statement Call Transcript" Apr 11, 2024. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2024-Pepco-Group-NV-Trading-Statement-Call-T16130101>
  
APA:
Thomson StreetEvents. (2024). Q2 2024 Pepco Group NV Trading Statement Call Transcript Apr 11, 2024. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2024-Pepco-Group-NV-Trading-Statement-Call-T16130101>
  
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.