Rolls Royce Hldgs S/Adr (RYCEY) Q2 2023 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.158 -- 00:00:06.122 Hello and welcome everyone to our 2023 half-year results presentation. 00:00:06.122 -- 00:00:11.045 I'm Isabel Green, Head of Investor Relations, and I'm joined today by our CEO, Tufan 00:00:11.045 -- 00:00:14.888 Ergenbilic, and also Panos Kakoulis, our CFO. 00:00:14.888 -- 00:00:18.671 Our presentation today will take around 30 minutes, leaving plenty of time at the end 00:00:18.671 -- 00:00:21.853 for Tufan and Panos to answer your questions. 00:00:21.853 -- 00:00:25.476 And welcome to UBS. First time we've been here in a while, but there is a microphone 00:00:25.476 -- 00:00:29.225 in each of your seats that I need to remind you of, so when we get to Q&A, and you're 00:00:29.225 -- 00:00:33.487 asking your questions, please press the button on your microphone and speak directly 00:00:33.487 -- 00:00:35.328 into it. 00:00:35.328 -- 00:00:40.211 Moving on, before we begin, we need to take note of the safe harbour statements on slide 00:00:40.211 -- 00:00:45.353 two, as always. The results information can be downloaded from our website with the full 00:00:45.353 -- 00:00:49.775 risks and disclosures. I will now hand over to Tufan. 00:00:54.878 -- 00:00:59.329 Thanks, Isabel. Good morning and welcome. 00:00:59.329 -- 00:01:04.853 I will start by presenting the highlights of our first half before handing 00:01:04.853 -- 00:01:09.756 to Panos to cover the financials in detail. 00:01:09.756 -- 00:01:14.118 I will then talk about transformation progress. 00:01:14.880 -- 00:01:20.044 We pre-released our results headlines a few days ago. 00:01:20.044 -- 00:01:23.566 So the key messages of today's presentation 00:01:23.566 -- 00:01:27.029 should not surprise anyone. 00:01:27.029 -- 00:01:32.355 First, Improved operational delivery is help...