Next Group Plc Unsp/Adr (NXGPY) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:06.778 Good morning to everybody and welcome to the half year results presentation for NEXT. 00:00:07.623 -- 00:00:12.490 In this brief introduction, I would like to recognize the very good work of our soon 00:00:12.490 -- 00:00:17.098 to be retired CFO, Amanda James. 00:00:17.098 -- 00:00:22.566 As I previously mentioned in the March results 00:00:22.566 -- 00:00:27.766 presentation, she made an outstanding contribution to the group and 00:00:27.766 -- 00:00:32.073 as expected in the handover to our 00:00:32.073 -- 00:00:36.340 current CFO, Jonathan Blanchard, she did a great job. 00:00:36.340 -- 00:00:43.267 Jonathan is now up and running and already making a great contribution to the group. 00:00:43.383 -- 00:00:48.450 When I reflect back on my seven years at Next, I do 00:00:48.450 -- 00:00:50.853 remember the early days 00:00:50.853 -- 00:00:54.478 when our label business and our 00:00:54.478 -- 00:00:57.502 overseas business was still very, very small. 00:00:57.502 -- 00:01:02.569 It was growing, but very small. And today you'll see in the presentation by 00:01:02.569 -- 00:01:07.856 Simon that these two business segments now are quite significant 00:01:07.856 -- 00:01:10.740 and making a big contribution to the group. 00:01:10.740 -- 00:01:15.751 And I think one of the real strong points of next management is the fact that they're 00:01:15.751 -- 00:01:21.019 able to identify winners early on, put capital and management focus behind 00:01:21.019 -- 00:01:26.168 those winners. And over time, these small little pearls become big 00:01:26.168 -- 00:01:30.094 contributors. Anyways, that's how it works in most cases. 00:01:30.094 -- 00:01:33.518 So with no further ado, over to Simon. 00:01:33.518 -- 00:01:35.040 Thank you, Chairman. Goo...