VivoPower International PLC
Q2 2021 Earnings Call Transcript
Published:
- Operator:
- Ladies and gentlemen, thank you for standing by and welcome to the VivoPower International PLC Half Year Results Conference Call. At this time all participants are in listen only mode. Please be advised that today's conference is being recorded. I would now like to hand the conference over to you speaker today, Kevin Chin, Chairman and CEO. Thank you Please go ahead, sir.
- Kevin Chin:
- Welcome to the VivoPower National half year results presentation for the six months ended 31st December 2020. I'm going to kick off with a strategic and operational review and then also cover the financial review for the period. So just going straight to the executive summary, which is set out on Page 3. The headline is our results for the half year were affected by strict COVID lockdowns. But our growth outlook is very strong as a result of the Tembo acquisition. Our revenues declined to 28% year-on-year to 22.7 million, primarily as a result of strict COVID-19 lockdowns in Australia, causing delays to scheduled works for our Aevitas business units.
- End of Q&A:
- Ladies and gentlemen, this concludes today's conference call. Thank you for your participation. You may now disconnect. Everyone have a wonderful day.