Evoke plc (EVOK) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and thanks for joining us today for our H1 2025 results. I'm Per Witteström. I'm joined today by Sean Wilkins, our CFO. To start with the agenda on slide two, I will give you a quick introduction and then on to financial performance, which is consistent with the trading update we gave you three weeks ago. But Sean will talk through the details of this, as well as covering our current trading and outlook for the year ahead. I will then cover strategic progress and how we're executing against the value creation plan before taking your questions. Turn to slide three and a quick overview of some of the key highlights for the half. Firstly, have returned the business to growth last year. This has continued with our fourth quarter in a row of growth. while first half growth of 3% or 4% in constant currency was a little bit low where we wanted it to be, with improving trends through the half with Q2 growth of 5%. This has been driven by continued very strong performances in our international core markets and retail returning to growth. Secondly, we have significantly enhanced the profitability of the business. This is through direct actions cost reductions, as well as driving operating leverage by growing the top line and being more effective and efficient with our bonusing and marketing improving margins. As I've said before, we're executing both a short-term turnaround and investing in building out our longer-term capabilities, and we made great progress on both of these fronts through the half, which we'll cover in more detail later. The strategy is working, and we are pleased with our progress, but we know there is a lot more to do. We're excited about H2 and remain laser focused on execution as we strive to deliver our revalidation plan. Sean wi...