Marston'S Plc Unsp/Adr (MRTPY) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

My name is Justin Platt. I'm the Chief Exec. Welcome to the Masters Interims 24. Hayley Lupino, our CFO, I'm sure many of you know. Thank you for taking the time to join us today. We really do appreciate it. The way we're going to split our time, I'll give a quick overview now. Hayley will then take you through the financials in some depth. And then given it's my first results meeting, I thought I'd share a little bit on what I've been up to, some initial impressions on the business. And then of course, at the end, we'll take some time for your questions. So as you'll have seen from the R&S, a good first half, strong trading, like for likes at 7.3%. That's ahead of market. And we've been able to translate that into earnings growth. So the combination of our revenue growth with some of the margin improvements that we've made has allowed us to deliver 53 million pounds of operating profit, which is up more than 20% year on year. And in turn, that's enabled us to continue to pay down our debt And all of that is alongside some really good progress operationally. So as you know, we've been doing a lot of work to simplify the business. So not only has that helped us drive some efficiency in a number of areas, but more importantly, it's allowed us to make some real strides with the guests. So we've driven our reputation scores up as high as 787 this time, which we're really, really pleased with. So really good first half to the year. And as we were just saying over coffee, we're feeling very positive about the outlook for half two. So more of that to come. But let me hand over to Hayley and she'll talk you through the financials. Thanks, Justin. Good morning, everybody. This morning, I'm going to take you through the financial results for H1. So if we start off with the top...