VELOCITY COMPOSITES PLC (VEL) — Final Results

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the VELOCITY COMPOSITES PLC full year results investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged. They can be submitted at any time via the q and a tab that's just situated on the right hand corner of your screen. Please just 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, the company can review all questions submitted today and we'll publish those responses where it's appropriate to do so. Before we begin, as usual, we would just like to submit the following poll. And if you could give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to the executive management team from VELLOCITY COMPOSITES PLC. John, good morning, sir. Good morning. Good morning, everyone. And again, welcome to our sort of FY 'twenty four year end presentation. We've got a slide deck prepared to take everyone through, and, I'll, make a start, on the, the results of the, last year. So your usual presentation team, you've got Rob next to me here, CFO, myself here in Burnley, Mandy joining us, our chairman from from Manchester. Essentially, start with the usual format of presentation. So in summary, clearly an important year as the industry starts to recover. As we talk in a moment, there has been some sort of challenges within the industry, probably very well publicized ones, which we can discuss and sort of cover off in terms of the impact of those. But in summary, revenue up 40% driven by some increases in Europe, but mainly from increases in the revenues from our facility in The U. S. As that project continu...