Animalcare Group plc (ANCR) Q2 2024 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.166 -- 00:00:06.395 Good morning. Hopefully you can see the presentation and hear Chris and myself. 00:00:06.395 -- 00:00:11.443 So let me know if not. I've got the attendee 00:00:11.443 -- 00:00:17.011 list open, so hopefully somebody will flag if there's any challenges. 00:00:17.011 -- 00:00:22.539 So welcome to the Animal Care 2024 interim results. 00:00:22.539 -- 00:00:26.144 Looking forward to sharing with you the progress that we've made in the first half of 00:00:26.144 -- 00:00:30.608 the year and we continue to make since the end of June. 00:00:30.608 -- 00:00:35.614 For anyone who's not very familiar with animal care, this is really just to 00:00:35.614 -- 00:00:40.781 articulate the strategy, the three pillars of our growth from 00:00:40.781 -- 00:00:45.287 left to right. Organic growth, that is our existing brands in the portfolio. 00:00:45.287 -- 00:00:50.133 That's new and existing. We always talk about new being products launched in the last 00:00:50.133 -- 00:00:51.875 three years. 00:00:51.875 -- 00:00:57.162 Inorganic growth, this is all the activity that we're doing to build our future 00:00:57.162 -- 00:00:59.225 products. and our new product development. 00:00:59.225 -- 00:01:04.894 And those three areas are really the fundamentals of our business. 00:01:04.894 -- 00:01:09.602 In terms of the underpins for our business, strategically, 00:01:09.602 -- 00:01:14.009 we absolutely have to have strong finances, and we've made a lot of progress there in 00:01:14.009 -- 00:01:17.676 the last five years. Our people, 00:01:17.676 -- 00:01:21.622 we are very focused on making sure that we have a highly capable team. 00:01:21.622 -- 00:01:24.170 We haven't got a lot of people, so we need to have the best team. 00:01:24.170 -- 00:01:29.198 an...