Hargreaves Lansdown PLC (OTCPK:HRGLF)
$ 13.65 0 (0%) Market Cap: 6.52 Bil Enterprise Value: 5.73 Bil PE Ratio: 17.76 PB Ratio: 6.38 GF Score: 91/100

Full Year 2019 Hargreaves Lansdown PLC Earnings Call Transcript

Aug 08, 2019 / 08:00AM GMT
Release Date Price: $25.96
Operator

Good morning, and welcome to Hargreaves Lansdown Preliminary Results Presentation. We are now going live into the auditorium in London where you will hear silence until the call begins. (Operator Instructions)

We are now live in the presentation room.

Christopher F. Hill
Hargreaves Lansdown plc - CEO & Executive Director

All right. Good morning, everyone. Welcome to Hargreaves Lansdown Annual Results for our 2019 Financial Year. Thank you very much to all of you for being with us here today and also welcome to everyone who's joining by phone. I'm Chris Hill, CEO. I'm joined here with Philip Johnson, our Chief Financial Officer.

I want to open with a number of highlights from the year where we have continued to execute the strategy that I first laid out 2 years ago, focusing on adding new clients, expanding our proposition and providing market-leading client service.

We now have 1.2 million clients. We welcomed an additional 133,000 new clients in the year. That's an increase of 12% and 28% on 2 years ago. We delivered GBP 7.3

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