AVON TECHNOLOGIES PLC (AVON) — Interim Results for the six months ended 31 March 2026

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the AVON TECHNOLOGIES PLC Interim Results Investor Presentation. Questions are encouraged. They can be submitted at any time via the Q and A tab that's just situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and will publish your responses where it's appropriate to do so on the Investor Meet company platform. Before we begin, we would just like to submit the following poll. And if you could give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to the executive management team from AVON TECHNOLOGIES PLC. Joss, good afternoon, sir. Afternoon and afternoon, everyone. Thank you for joining us. I'm Joss Slater, I'm the CEO, and on my right is Rich Cashion, the CFO, and on my left is Steve Elliwald, who runs our AVON protection business. And we'll take you through the slides. They are the slides that we gave us at the results, but we will try and go through the narrative maybe a bit quicker than we do with the results. It was a very good first half for us. We delivered very strong revenue growth, strong profit growth and excellent margin progression. We actually moved our margin into the target range that we originally set for 2027. So we delivered it eighteen months earlier than originally planned. But we are now getting to the end of our transformation program. It was always expected to be a three year program. It will end as anticipated at the end of this year. It has involved a lot of heavy lifting for the team that you see in front of you. A...