PROCOOK GROUP PLC (PROC) — Annual Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the PROCOOK GROUP PLC Annual Results Investor Presentation. Throughout this recording meeting, investors will be in listen only mode. Questions can be submitted at any time by the Q and A tab situated on the right hand corner of your screen. Just type in your question and press send. Company may not be in a position to answer every question it receives during the meeting itself. However, the company will review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, we'd like to submit the following poll. I'd now like to hand you over to Lee Tappenden CEO. Good afternoon, sir. Thank you, Paul. Welcome, everybody. Thank you for joining us. I'm joined here by Dan Walden, our CFO. We're gonna walk through a presentation about thirty minutes and aim to leave fifteen minutes at the end for questions. So we're going to cover five key areas today. I'll talk through our highlights of our FY 2026 performance, give an update on some of the strategic areas we've been working on over the last year, Dan will give a deep dive on our financial performance and also provide an outlook of the most recent Q1, which ended just this last Sunday. In terms of our highlights for FY 2026, really pleased to share our numbers with you. We had a record year of sales at $85,500,000 That was up 23% on last year and importantly, up 11.8% like for like. That like for like performance has continued to build up on last year, so a two year stack of like for like of 17.3%. On the back of those sales, we've outperformed the kitchenware market in The UK by 20%, so very pleasing results. We continued on our journey of opening new stores. I'll talk about that in more detail later on. We've opened 13 new stores last year. We're mak...