Steadfast Group Ltd (ASX:SDF)
A$ 5.85 -0.07 (-1.18%) Market Cap: 6.47 Bil Enterprise Value: 5.94 Bil PE Ratio: 30.00 PB Ratio: 2.81 GF Score: 89/100

Half Year 2022 Steadfast Group Ltd Earnings Call Transcript

Feb 22, 2022 / 11:00PM GMT
Release Date Price: A$4.68 (-1.27%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Steadfast Group Limited 1H '22 Interim Results Call. (Operator Instructions) I would now like to hand the conference over to Mr. Robert Kelly, Managing Director and Chief Executive Officer. Sir, please go ahead.

Robert Bernard Kelly
Steadfast Group Limited - Co-Founder, MD, CEO & Director

Thank you, and good morning, everybody, and welcome to our half year presentation. It's -- we will start by -- I refer you to Page 5 of the deck we've got there, which is basically a bit of an operating update on how we've gone. And I guess at the top, we've completed EPS accretive acquisitions, including Coverforce for a cost of $507 million net of step downs. And I'll refer to step downs a little bit later in the presentation.

So just reflecting on Coverforce that was a wiser acquisition. Our model is to buy companies that are incredibly successful with great strong management teams behind us. And I'd like to say that the cooperation of the management and the teams of Coverforce is exemplary

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