RWS Holdings plc (RWS) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Right. Well, good morning, everybody. Thank you for joining us either in person or online for the RWS full year results for FY23. I'm Ian Al Mockadam, the CEO, and I'm joined today by Candy Davis, our CFO. I'm going to kick off with some highlights. I'll then hand over to Candy to go through the financial review. I'll then come back to do a review of our strategic and operational performance and then close with a statement on current trading and outlook before we go to questions. Now, I think you're all pretty familiar with who we are. We operate in a large market in which we are a market leader. We are characterised by the long-term client relationships that we form, often with market-leading players across a range of different sectors. We deliver services and products to them thanks to our unique platform, which combines proprietary technology with deep expertise in our industry, and we are capable of delivering service on a truly global scale. something that's particularly important for the sorts of clients that we work with. We run the business quite prudently. We have a model that is cash generative. We have a net cash position and a progressive dividend policy. Now we use that technology and human expertise to support our clients to create, collect, transform, analyze, launch, and manage content. This helps them to grow by ensuring they are understood anywhere and in any language. And the content that we work on can come in any form, text, images, audio, video. Now, I think as you all know, it's been a challenging year. We faced a number of market headwinds, but I think a key message from the results presentation today is that all of the initiatives that we've kicked off over the last couple of years have helped in a difficult market context. So our results do ...