BILLINGTON HOLDINGS PLC (BILN) — Results for the year ended 31 December 2024

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the BILLINGTON HOLDINGS PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time by the q and a tab situated on the right hand corner of your screen. 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 publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. And then I'd like to hand you over to Mark Smith, CEO. Good afternoon, sir. Good afternoon. Hi. I'm Mark Smith, and, me and Trevor Taylor are pleased to present to you the year end 2024 results. Our executive summary provides some of the highlights of 2024. Reduced revenue partly due to the cost of materials declining within the period and the increased complexity of contracts. PBT, 8.3%, generally consistent with performance in 2023, excluding the nonrecurring items in 2023. Strong cash balance has been maintained, and the balance sheet remains with zero debt and the majority of the company properties owned outright. 8.9% operating profit margin enabled us to reward a competitive dividend of 25p per share. A robust order book at a level close to historical high, securing productivity for 2025 into 2026. We are in the last five year, last year of five year capital investment program, which has increased quality, efficiency and productivity. There has been change in the shareholder register, which you can see in the next slide. There is a point that the timing of margin recognition on contracts will result in our current year being second half weighted. The share register....