Diploma PLC (OTCPK:DPLMF)

$ 59.4574 0 (0%) Market Cap: 7.21 Bil Enterprise Value: 7.84 Bil PE Ratio: 44.79 PB Ratio: 6.50 GF Score: 94/100

Q3 2023 Diploma PLC Trading Statement Call Transcript

Jul 13, 2023 / 07:00AM GMT

Release Date Price: $11.1

Transcript

Operator

Hello, and welcome to Diploma's Q3 and Acquisition Trading Update Call. My name is Laura, and I will be your coordinator for today's event. Please note this call is being recorded. (Operator Instructions)

I will now hand you over to your host, Johnny Thomson, Chief Executive Officer; and Chris Davies, Chief Financial Officer, to begin today's conference. Thank you.

Jonathan D. Thomson

Diploma PLC - CEO & Director

Good morning, everyone. Thanks for joining. I'm here as usual with our CFO, Chris. We have 2 RNSs out today, one on our quarter 3 trading and a second one on an exciting European Fluid Power acquisition to update you on. So I'll say a few words now on both of those. And then, of course, we'll open up to questions as usual at the end.

So starting with the Q3 trading, we've had another strong quarter. Our year-to-date organic growth is now 9%. Importantly, as we said at the half year, remaining volume-led principally. As expected, the growth is still strong but moderated a little as comparators get a little tougher. And all

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