Reach PLC (RCH) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.858 Good morning, everyone, and welcome to those of you in the room and also online. 00:00:04.858 -- 00:00:07.823 Welcome to REACH's half year results for 2025. 00:00:07.823 -- 00:00:12.290 It's good to see a number of familiar faces in the room, but for those who don't know 00:00:12.290 -- 00:00:17.598 me, my name's Piers North, and I'm privileged to be here today as the REACH Chief Executive. 00:00:17.598 -- 00:00:23.147 Today, I want to cover three things. One, how I see the business and its trajectory. 00:00:23.147 -- 00:00:27.714 Two, sharing with you our strategic priorities for the upcoming future. 00:00:27.714 -- 00:00:32.201 And then I'll move on to updating on our performance from the half years before handing 00:00:32.201 -- 00:00:35.266 over to Darren to talk through the detailed financials. 00:00:35.266 -- 00:00:37.892 Before I do that, just a couple of dry housekeeping points. 00:00:37.892 -- 00:00:42.743 It's just a reminder to turn your phones onto airplay mode or silent, please. 00:00:42.743 -- 00:00:46.552 And secondly, our standard disclaimer, which you'll be glad I won't read out, but I will 00:00:46.552 -- 00:00:50.453 trust that you're familiar with and that has been noted. 00:00:50.453 -- 00:00:55.525 So moving on, these results will be my first as Chief Executive, so I do want to 00:00:55.525 -- 00:00:59.735 just briefly introduce myself, and I promise, obviously, I won't do this every time. 00:00:59.735 -- 00:01:04.086 I've been with the business for 10 years now, and I spent the last five years in the 00:01:04.086 -- 00:01:08.797 role of Chief Revenue Officer before taking on the role of Chief Executive in March. 00:01:08.797 -- 00:01:13.921 What excited me about Reach when I joined those 10 or so years ago, o...