Grainger PLC (FRA:1U4)
€ 2.66 0 (0%) Market Cap: 1.99 Bil Enterprise Value: 3.80 Bil PE Ratio: 53.21 PB Ratio: 0.87 GF Score: 65/100

Full Year 2024 Grainger PLC Earnings Call Transcript

Nov 21, 2024 / 09:00AM GMT
Release Date Price: €2.62 (-0.76%)
Helen Gordon
Grainger PLC - Chief Executive, Executive Director

So good morning, everyone, and welcome to Grainger's Full year results. Once again, we've delivered a excellent performance as we continue to accelerate our growth. That's growth in our income, growth in our earnings and growth in our margin.

We've added to last year's record year with another strong year of free, adding over 1,200 new homes to our portfolio. This growth is set against a backdrop of compelling fundamentals of growing demand for rental homes and reducing supply and a new government that is supportive of the build-to-rent sector. We are building a bigger business of significant value with a lot more growth to come.

So the agenda this morning is I'll take you through the highlights of our excellent financial and operational performance, our portfolio expansion and how we are delivering compounding growth as our pipeline delivers. I'll also tell you about the government's rental reforms and how we are well placed for them. Rob Hudson, our CFO, will take you through our financial review, our growth in our

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