Next Group Plc Unsp/Adr (NXGPY) Q2 2024 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Next Plc.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:06.440 Good morning and welcome to the next half year results presentation. 00:00:06.584 -- 00:00:11.714 Let me start off by thanking all of our 30,000 plus employees 00:00:11.714 -- 00:00:18.526 worldwide for helping us deliver the very good first half results. 00:00:18.526 -- 00:00:22.811 You know, I joined the board back in March 2017, 00:00:22.811 -- 00:00:28.097 and I was speaking with Amanda last week, and I said I wanted to see some numbers 00:00:28.097 -- 00:00:31.541 since when I joined, just see some of the progress we've made. 00:00:31.541 -- 00:00:33.103 There 00:00:33.103 -- 00:00:37.348 was a few numbers that she passed along to me which I think just really show the power 00:00:37.348 -- 00:00:43.163 of compounding and moving in a consistent direction. 00:00:43.163 -- 00:00:49.232 Our label business, I remember sitting down with Jade Taylor, who was 00:00:49.232 -- 00:00:51.956 leading the label business really from the very beginning. 00:00:51.956 -- 00:00:55.881 In those days, back in January 2017, 00:00:55.881 -- 00:01:00.468 year end, we sold 215 million in label. 00:01:00.468 -- 00:01:04.974 And this past year end, January 23, we're over a billion. 00:01:04.974 -- 00:01:10.535 So that's almost five-time increase in our label business. 00:01:10.535 -- 00:01:14.921 Looking at the international business, the overseas business, 00:01:14.921 -- 00:01:18.065 for the year ended January 2017, 00:01:18.065 -- 00:01:20.328 sales were 234 00:01:20.328 -- 00:01:22.230 million pounds. 00:01:22.230 -- 00:01:26.215 And this past year, 625 million. 00:01:26.215 -- 00:01:29.757 So an increase of almost 170%. And 00:01:30.120 -- 00:01:35.442 just looking at the breakdown between online and retail, 00:01:35.442 -- 00:01:37.926 Back in 201...