ConvaTec Group Plc (CTEC) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening. Wherever you may be, it's an absolute pleasure to be with you here today. And we're going to have the opportunity to go ahead and review both the strategic progress and financial delivery of 2024 at Convitec. You're all probably familiar with our disclaimer. And today, Johnny and I are going to be hosting you. And we've got an exciting program for you. We're going to go ahead and discuss with you three key topics. I'm going to go ahead and kick off and provide you a little bit with an overview. And in the course of that overview, I'm going to try to highlight two key things. First, what's all the progress that we've made during the course of the last five years? And what have we been able to achieve at CombiTech during the course of the last five years? And what does that bode in terms of the future? After we're done with the overview, I'll go ahead and shift gears and pass the baton on to Johnny, and we'll talk about financial performance. How did we do in 2024? What is guidance looking like in 2025? And then lastly, I'll finish up, and we'll talk about our competitive position. What is competitive position, and what are the prospects for future growth? So why don't we kick off? If you take away nothing today, I'm going to ask you to take away five key overarching messages. The first is that we went ahead and delivered broad based growth. What that means is that in each and every one of our categories, we went ahead and drew and we went ahead and drove significant growth and we outgrew the market. Second, we went ahead and increased our operating profit margin once again. Thirdly, we delivered double-digit earnings per share and free cash flow growth. Fourthly, we find ourselves in a situation at Convatec with the richest new product pipeline in about ...