Strix Group Plc (KETL) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and thank you to those of you who are joining us today to hear from Strix PLC, who announced their interim results earlier this week. If you haven't seen it already, you can find an updated note and forecasts on our website at equitydevelopment.co.uk. But the purpose of today is to hear from the management team who will talk you through their half-year presentation, and then there'll be an opportunity for Q&A at the end. Feel free to submit questions as we head through the presentation via the Q&A box on the Zoom application. But for now, I will hand over to Mark Bartlett, CEO. Thank you very much, Hannah. Welcome, everybody. Good to see a very strong turnout. As Hannah says, we're here to actually present the interim results for the period ending 30th of June. I think the best way to describe this, we'll start with the highlights first, obviously, is it's been a half year of quite mixed fortunes. There's been a lot going on in the business, and over the course of the next 30 minutes or so, we will try and give you as much detail as possible. As always, we'll run through relatively quickly to make sure we can allow some time at the end. However, if I start with just some very high-level points, I think, first of all, let's start with Billy. Billy has a very strong performance in the first half of the year, maintaining its double-digit growth performance, as we've all come to expect, which has been supported by both new products and also some further geographical expansion. I'll get into more detail as we go through the divisions. It has also been very good to see consumer goods also performing well in the first half of the year, delivering a solid 7% growth. following all the previous restructuring and despite what is still a very volatile global small d...