CONCURRENT TECHNOLOGIES PLC (CNC) — Half year results presentation for the six months to 30 June 2024

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the CONCURRENT TECHNOLOGIES PLC Half Year Results 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 in the right corner of your screen. 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 view all the questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you to CEO, Miles Adcock. Good afternoon to you, sir. Good morning, everybody. Thank you very much for your time here today for our half one results presentation. Sadly, I'm not joined by our chief exec sorry, CFO Kim. She's really rather ill, so it's just me today. Next slide. So for those of you that don't know me, I'm Miles. I've been with CONCURRENT for just over three years. Prior to being here, I led rather larger businesses as parts of companies like Teledyne, Kinetic, and BAE Systems. And Kim joined us just over two years ago having been the finance director of Kinetic's international group of businesses, hence lots of experience of overseas acquisition and integration. Next. So what we do as a business, we were formed almost forty years ago to do one thing. And that thing was to take the latest generation of Intel microprocessors, design the printed circuit board that those processors would then plug into, and add in all of the other components to create what's called a single board computer. An entire computer on just one board. And those were targeted at customers who had particularly demanding requirements not just for perfor...