Board Change • May 21
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Maria Micallef was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Dec 03
PG p.l.c. to Report First Half, 2026 Results on Dec 19, 2025 PG p.l.c. announced that they will report first half, 2026 results on Dec 19, 2025 Announcement • Sep 01
PG p.l.c., Annual General Meeting, Oct 24, 2025 PG p.l.c., Annual General Meeting, Oct 24, 2025. Location: westin dragonara resort, st julians, Malta Announcement • Aug 09
PG p.l.c. to Report Fiscal Year 2025 Final Results on Aug 29, 2025 PG p.l.c. announced that they will report fiscal year 2025 final results on Aug 29, 2025 Reported Earnings • Aug 29
Full year 2024 earnings released: EPS: €0.13 (vs €0.12 in FY 2023) Full year 2024 results: EPS: €0.13 (up from €0.12 in FY 2023). Revenue: €198.1m (up 14% from FY 2023). Net income: €13.5m (up 6.9% from FY 2023). Profit margin: 6.8% (down from 7.3% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Aug 28
PG p.l.c., Annual General Meeting, Oct 28, 2024 PG p.l.c., Annual General Meeting, Oct 28, 2024. Location: westin dragonara resort, st julian`s., Malta New Risk • Jul 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported October 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Dec 22
First half 2024 earnings released: EPS: €0.067 (vs €0.057 in 1H 2023) First half 2024 results: EPS: €0.067 (up from €0.057 in 1H 2023). Revenue: €96.2m (up 19% from 1H 2023). Net income: €7.21m (up 18% from 1H 2023). Profit margin: 7.5% (down from 7.6% in 1H 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Oct 26
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Maria Micallef was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Maria Micallef was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Maria Micallef was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported October 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Dec 18
First half 2023 earnings released: EPS: €0.057 (vs €0.057 in 1H 2022) First half 2023 results: EPS: €0.057 (in line with 1H 2022). Revenue: €80.8m (up 14% from 1H 2022). Net income: €6.10m (down 1.7% from 1H 2022). Profit margin: 7.6% (down from 8.7% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Aug 28
Full year 2022 earnings released: EPS: €0.11 (vs €0.098 in FY 2021) Full year 2022 results: EPS: €0.11 (up from €0.098 in FY 2021). Revenue: €147.0m (up 14% from FY 2021). Net income: €12.0m (up 14% from FY 2021). Profit margin: 8.2% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year. Reported Earnings • Dec 21
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: €0.057 (up from €0.048 in 1H 2021). Revenue: €71.0m (up 17% from 1H 2021). Net income: €6.21m (up 21% from 1H 2021). Profit margin: 8.7% (up from 8.4% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Dec 18
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: €0.057 (up from €0.048 in 1H 2021). Revenue: €71.0m (up 17% from 1H 2021). Net income: €6.21m (up 21% from 1H 2021). Profit margin: 8.7% (up from 8.4% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Oct 09
Executive Vice-Chairman recently sold €2.5m worth of stock On the 6th of October, Paul Gauci sold around 1m shares on-market at roughly €2.00 per share. This was the largest sale by an insider in the last 3 months. This was Paul's only on-market trade for the last 12 months. Board Change • Sep 12
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent & Non-Executive Director Lawrence Zammit was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 09
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent & Non-Executive Director Lawrence Zammit was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 03
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent & Non-Executive Director Lawrence Zammit was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 01
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent & Non-Executive Director Lawrence Zammit was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 28
Full year 2021 earnings released: EPS €0.10 (vs €0.089 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €129.4m (up 7.9% from FY 2020). Net income: €10.6m (up 9.4% from FY 2020). Profit margin: 8.2% (up from 8.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 18% share price gain to €2.50, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 21x in the Consumer Retailing industry in Europe. Total returns to shareholders of 106% over the past three years. Is New 90 Day High Low • Jan 05
New 90-day high: €2.02 The company is up 7.0% from its price of €1.89 on 30 September 2020. The Maltese market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 5.0% over the same period. Reported Earnings • Dec 17
First half 2021 earnings released: EPS €0.048 The company reported a soft first half result with weaker earnings and profit margins, although revenues were improved. First half 2021 results: Revenue: €60.9m (up 4.8% from 1H 2020). Net income: €5.14m (down 3.1% from 1H 2020). Profit margin: 8.4% (down from 9.1% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Is New 90 Day High Low • Dec 16
New 90-day high: €2.00 The company is up 5.0% from its price of €1.90 on 16 September 2020. The Maltese market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: €1.92 The company is up 1.0% from its price of €1.90 on 04 September 2020. The Maltese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Consumer Retailing industry, which is also up 1.0% over the same period. Recent Insider Transactions • Sep 19
Executive Deputy Chairman recently sold €190k worth of stock On the 16th of September, Paul Gauci sold around 100k shares on-market at roughly €1.90 per share. This was the largest sale by an insider in the last 3 months. Paul has been a seller over the last 12 months, reducing personal holdings by €1.9m.