PROCOOK GROUP PLC (PROC) — Annual Results

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the PROCOOK GROUP PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and could be submitted at any time by the Q and A tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. And I'd now like to hand you over to Lee Tapadin, CEO. Good morning, sir. Great. Thank you very much for the introduction. Welcome, everybody. Welcome to our FY twenty five annual results. I'm Lee Tappan, and I I lead our business at PROCOOK and I'm joined by Dan Walden, our CFO. So straight into the agenda for today, Dan and I are going to talk to you for about twenty minutes, trying to leave some time for q and a at the end. I will give a brief overview of the highlights from FY twenty five. Dan will go into much more detail around the financial performance. I will look back at our strategy that we set out last year and give you some updates of how we performed. And then Dan will finish on our current trade in over Q1 and our outlook for the balance of FY '26. So last year, twelve months ago, we set out a very clear medium term strategy to open 100 stores in The UK, to deliver 100,000,000 in sales revenue, and deliver operating profit of 10%. I'll give you a few highlights now of how we performed against that strategy. We're really pleased with our trading momentum. We delivered record sales last year of £69,500,000 which is up 11% year on year, plus 4.9% like for like. That sal...