Renewi PLC (MEX:RWI)

MXN 129.08 0 (0%) Market Cap: 16.36 Bil Enterprise Value: 29.20 Bil PE Ratio: 0 PB Ratio: 2.51 GF Score: 60/100

Half Year 2020 Renewi PLC Earnings Call Transcript

Nov 07, 2019 / 09:30AM GMT

Transcript

Otto de Bont

Renewi plc - CEO & Director

Well, good morning, everyone. And welcome to our interim presentation this morning. Also for the people on the webcast, thanks for joining over the phone. This morning, I will be giving you some highlights from our first half performance, then Toby will take over and go into a bit more detail around our financial performance in the first half and also gives you a bit of an outlook on the second half. And then I'll come back and talk more about the market strategy and how we plan to move forward in the midterm. So with that and with the disclaimer, let's get started.

When I started in this position 7 months ago, one of my main objectives was to increase the financial strength of Renewi. And we presented some actions that we would take 7 months ago as well, and I hope today to show you how we have been making progress on executing on those actions.

So first of all, we have had a solid trading first half. Looking across all our divisions, we have done well. And specifically in our commercial division, which is 2/3 of our revenue and more of our

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