STRIP TINNING HOLDINGS PLC (STG) — Full year Results

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the STRIP TINNING HOLDINGS PLC Full Year Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and they can be submitted at any time using 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 it receives during the meeting itself. However, company can review all questions submitted today and publish responses where it is appropriate to do so. Before we begin, I would like to submit the following poll. And I would now like to hand you over to CEO Mark Perez. Good morning to you. Good morning. Thank you. Thanks for the introduction. So welcome to our twenty twenty four annual accounts presentation. We have some slides to take you through and look forward to receiving your questions at the end. I'll hand you over to Kevin. Good morning. Hi. This is our p and l for 2024 and, 2023. I guess the key highlights are our margins. Our margins increased by just under 3%, which was very good as we worked really hard to move our margin up reduce costs wherever we can. The other thing is we have increased costs mainly in the engineering section as we increase our R and D and our engineering content of our components with the three new projects that that engineering content is coming through, which is helping us to drive more value into the components of the products that we make, which is, you know, very good for the future. The other thing to bring your attention to is the other operating income. This was largely due to grants in 2023, which we didn't have in 2024. We are working on further grants. However, and I'll talk about this in a later slide. All in...