Volution Group plc (FAN) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Volution Group half-year results. We're delighted to be here this morning and great to see so many familiar faces. Format's going to be largely similar to what we've done in the past, so quick overview. In actual fact, I'll spend a little bit less time on the overview. I'm looking forward to giving Andy a little bit more time. talk about the financial results and then I'll come back on the business review summary and outlook and then Q&A if we get this right we're looking to spend about half our time taking you through the results we think they're reasonably self-explanatory and then experience from last time we've had quite a lot of Q&A a lot of interest around you know in many respects what happens next so we'll try and reserve a little bit more time for Q&A. Key takeaways here. Look, our group revenue is up 8.9% at the half year and good organic growth of 4% on a constant currency basis. Adjusted operating profit is up just over 10% to 42.6 million. of course we acquired fantec 280 million australian dollar acquisition our largest acquisition to date we'll talk a little bit more about what's happening there and look really good momentum with fy 25 earnings and we we're expecting to be ahead of consensus and we can talk a little bit more about that but look fantec and i'm mindful that This sort of completed in December. But as you can see on the slide there, we're very excited about Fantech. It is the leading position in Australia and New Zealand. So we've consolidated an overall leadership position. It was fully funded through cash and RCF. And so if you look at the post deal leverage, it's still very, very manageable. We've been much closer to the business more recently and we knew this beforehand but there's no substitute for being inside. I spent a bit of time ...