ConvaTec Group Plc (CTEC) Q4 2023 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Convatec Group Plc.

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Replay transcript excerpt

WEBVTT 00:00:00.233 -- 00:00:05.879 It's really good to be with all of you today, and thank you for joining us. 00:00:05.879 -- 00:00:10.904 As you think about 2023, I think it's fair to say that Comitech 00:00:10.904 -- 00:00:13.167 delivered some really strong results, right? 00:00:13.167 -- 00:00:19.632 And I think what's also clear is that we're delivering sustainable and profitable growth. 00:00:21.516 -- 00:00:25.160 What Johnny and I would like to do today is to really spend some quality time with you 00:00:25.160 -- 00:00:29.845 and discuss with you how is it that we're being able to deliver sustainable and profitable 00:00:29.845 -- 00:00:34.700 growth And we want to do that by really looking at it through key lenses. 00:00:34.700 -- 00:00:38.065 Lens number one is from a strategic vantage point, what are we up to? 00:00:38.065 -- 00:00:42.809 And B, from a financial perspective, how are we actually delivering sustainable 00:00:43.753 -- 00:00:49.261 and profitable growth? So as you think about that, let's try to focus on the financials 00:00:49.261 -- 00:00:54.087 first. From a financial perspective, I think what's clear is that in 2023, 00:00:54.087 -- 00:00:58.098 we went ahead and accelerated our revenue growth, and that was broad-based. 00:00:58.098 -- 00:01:02.602 Second, what you'll notice is that we expanded our operating margins for a second year 00:01:02.602 -- 00:01:07.747 in a row. And thirdly, we actually saw an increase in earnings per share in free 00:01:07.747 -- 00:01:12.431 cash flow to equity. So clearly, again, strong financial performance. 00:01:12.431 -- 00:01:15.254 But when you look at our competitive position, that also strengthened. 00:01:15.254 -- 00:01:18.517 And what's particularly notable is now the strength of our pipeline. 00:...