HUDDLED GROUP PLC (HUD) — HY25 results or the six months ended 30 June 2025

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the HUDDLED GROUP PLC Half Year Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time using 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 is appropriate to do so. Before we begin, I would like to submit the following poll. And I would now like to hand you over to Executive Chairman, Martin Higginson. Good morning to you. Hey. Good morning. Thanks very much, everybody, for attending. Before I get started, I'd just like to to introduce Dan Waterley, group finance director. Good morning. And also Mike Ashley, group CEO. Good morning. And I'd just like to sort of frame this presentation. One of the reasons we we asked Mike to step up and and take on the role of group CEO was really to help us look at predominantly discount dragging. We felt discount dragging. It's a very, very complicated business. We were seeing great growth and have been seeing great growth in the business, but we really wanted to examine how could we make this business better. On the other hand, NutriCircle has been an absolute sort of star of the show, but it was it was getting Mike's depth of retail knowledge into the the sort of discount tracker piece to allow us to understand that business. We've made some significant changes within the team, and I really feel that we're now on the on the right track at where we want to go. So if we just flip to the next slide, please. So just sort of running through...