Jtc Plc (JTCPF) Q2 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the JTC PLC interim results presentation. My name is David and I'll be your host for today's event. Please note that this conference is being recorded and for the duration of the presentation your lines will be on listen only. However, you will have the opportunity to ask questions at the end of the presentation. This can be done using the raise hand feature in the control panel on your screen. We will address as many questions as possible. When we come to answering your question, we will invite you to unmute and speak live to address our panellists. I will now hand you over to your presenters for today. Good morning, everyone. Welcome to the presentation of JTC PLC's interim results for the period ended 30 June 2023. I'm Nigel O'Kane, the Group CEO, and presenting with me as usual is Martin Fotheringham, our Group CFO. If we can turn to slide one and the agenda. In the next 30 minutes or so, I will present my CEO highlights for the period and Martin will run through the financial review. We'll follow up with a more detailed business review covering the macro environment, industry trends, the group and the two divisions. We will then take an in-depth look and provide an insight into our plans for the Cosmos era, commencing from the beginning of 2024. And finally, we will summarise our key takeaways for the first half of 2023 and provide an indication of how we expect to close out the year and the Galaxy era. We will then open the forum up for questions. At JTC, the first half of 2023 will be remembered for the increased momentum delivered following an excellent 2022. In macro conditions that remain challenging, we've been able to make significant progress both organically and inorganically. In particular, our net organic growth at 21% has been sp...