FACILITIES BY ADF PLC (ADF) — Final results for the year ended 31 December 2024

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the Facilities BY ADF PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and could be submitted at any time by the Q and A tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. And then I'd like to hand over to Miles Proctor, CEO. Good morning, sir. Good morning, everybody. So if we can start with the overview, please, Neil. Okay. So ADF continues to work with many of the world's largest film and TV companies supplying productions such as Star Wars Angle, Marvel's Fantastic Four, Apple's Slow Horses, and Netflix's The Gentleman. With a fleet of over 730 vehicles that include costume makeup, artist trailers, production offices, and technical vehicles. Our ambition is to be a one stop shop for film and high end television. And to support this, ADF acquired location one in December 2022 and also track portable roadways in September 2024. Next slide, please. So f moving on to f y performance. F y twenty four performance reflected a slow return to normal levels of market activity following The US strikes in 2023 and continued project delays with revenue of 35,200,000 versus 34,800,000 in FY 2023 and adjusted EBITDA of 7,200,000 versus FY 2023, 7,300,000. The six productions that were delayed in q four twenty twenty four and with a reason for the profit warning in November 24 have all started production in q one twenty five. We supported a total of 87 prod...