ME GROUP INTERNATIONAL PLC (MEGP) — Final Results

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the ME GROUP INTERNATIONAL PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged. They can be submitted at any time via the Q and A tab that's just situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and we'll publish our responses where it is appropriate to do so. Before we begin, as usual, we would just like to submit the following poll and if you could give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to the team from ME GROUP INTERNATIONAL PLC. Vlad, good morning, sir. Good morning, thank you. Welcome all to the ME GROUP twenty twenty four annual results presentation. My name is Vladimir Krasniewski, I'm Head of IR and Managing Director of The UK. Alongside me is Stephane Gimont, who is our CFO. The agenda for today's presentation is as follows: We will start with an overview of the 2024 financial highlights, we'll remind you about our business model and growth strategy for those who aren't so familiar with it, we'll then talk about the group's financial performance, followed by an update on operations, and lastly we'll conclude with a summary of 2024 and the outlook for 2025. So, the highlights. We're delighted to report a strong performance across our key financial metrics and another year of record profitability for 2024, which was £73,400,000 Strategically, we have continued to rapidly expand our laundry operations, and we installed a record eleven sixty ei...