Kingfisher plc (KGF) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen, and welcome to Kingfisher PLC's half-year 2024 to 2025 results presentation. At this time, all participants are in listen-only mode. Following the presentation, we will conduct a Q&A session with research analysts. If you wish to ask a question, we ask that you please use the raised hand function at the bottom of your screen. Instructions will also follow at the time of the Q&A. I would like to remind all participants that this call is being recorded. I will now hand over to Thierry Garnier to start the presentation. Good morning and welcome to our 2024 half-year results presentation. Before we begin, I would like to extend my thanks to all our teams across Kingfisher for their continued hard work and focus on achieving our goals. Although we have seen challenges in our market for the last two years, they continue to work hard to provide an outstanding proposition to our customers. I'm really proud to be part of that team. To slide two and the agenda for this morning, I will begin with an overview of our key messages and financial highlights. I will then pass over to Bernard, who will cover the financial performance in more detail, together with our outlook and guidance. I will then provide an update on our strategy and the progress being made in France before we open up to Q&A. So turning to our key messages on slide three, I've said before our key objectives this year is to focus on what we can control. That means growing market share, managing our gross margin with discipline, controlling our cost and cash, and continuing to deliver at pace on our strategic objectives. I'm pleased to say that in H1, the teams did exactly that. Our overall trading in H1 was in line with our expectations. We were pleased to see continued market share ...