CROPPER (JAMES) PLC (CRPR) — Interim Results or the six months ended 27 September 2025

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the James Cropper PLC Interim Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. 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 those 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 James Cropper PLC. David, Andrew, good morning. Good morning, everyone. My name is David Sterling. I'm the chief executive here at James Cropper PLC, and we have Andy Goody, who is our chief financial officer. Pleased to meet you on investment company platform. Let's get into some of the detail. So where we'd like to start is just a little bit of a discussion about the overview of James Cropper. It's a business with two main divisions, advanced materials and paper and packaging. Paper packaging is the larger of the two divisions. It's where the business originated and came from. And advanced materials is technology based division involved in a series of more technically demanding markets with products which are, in essence, somewhat similar to paper using non natural fibers. The advanced materials business also has a coatings division, so that's making effectively metallized mainly coatings o...