Entain plc (ENT) Q2 2026 Earnings Call

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WEBVTT 00:00:00.171 -- 00:00:04.515 Good morning and welcome to Entain's 2026 interim 00:00:04.515 -- 00:00:06.536 results presentation 00:00:06.536 -- 00:00:10.900 and I'm delighted to be speaking to you again and sharing another strong set of Entain 00:00:10.900 -- 00:00:12.882 results. 00:00:12.882 -- 00:00:18.404 It's been a busy first half with lots of progress across the business. 00:00:18.686 -- 00:00:23.030 So I will begin with an overview of our first half touching on the highlights of our 00:00:23.030 -- 00:00:27.490 performance and strategic progress delivered so far this year. 00:00:27.490 -- 00:00:32.351 I will then hand over to our CFO, Mike Snape, who will provide greater detail on our 00:00:32.351 -- 00:00:37.133 financial performance and outlook for 2026. 00:00:37.133 -- 00:00:42.034 Next, you will hear from our Chief Commercial Officers, Andy Hicks and Kerry Sloan, who 00:00:42.034 -- 00:00:46.575 both will discuss how Entain is winning in the markets and driving growth across the 00:00:46.575 -- 00:00:48.316 group. 00:00:48.316 -- 00:00:52.637 Mike will then return to outline the actions we're taking to support this growth, to 00:00:52.637 -- 00:00:57.055 accelerate operational excellence and deliver shareholder value. 00:00:57.055 -- 00:01:03.141 And finally, I will conclude with a few closing remarks before we open to take your questions. 00:01:03.464 -- 00:01:08.711 So, turning to the headlines. Entain has delivered a strong first 00:01:08.711 -- 00:01:10.882 half performance. 00:01:10.882 -- 00:01:16.303 Our underlying momentum has continued, with both online and retail performing 00:01:16.303 -- 00:01:18.144 ahead of expectations. 00:01:18.144 -- 00:01:23.265 And this now marks online's 9th consecutive quarter of growth, and that's despite 00:...