YouGov plc (YOU) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everybody, and thank you for being here joining us today on a day that we announced the biggest revenue number for the half year that we've ever announced and the biggest adjusted profit number of 30 million that we've ever had at the half year. Of course, we've been disappointed at the flat growth over the years, but our ambition is totally undimmed. We've got everything in place to get back to historical levels and I'm excited to be here to do that. We've had a resilient performance across the divisions as we've implemented a difficult cost optimization plan. The CPS performance has been in line with expectations growing and we are investing further in initiatives that we'll describe in a moment. We're achieving a 20 million savings plan with 70% of it realized in this year. We've, of course, changed CEOs. I've been appointed on an interim basis to bring the company back to its strategy, a full focus on the SP3 vision that we laid out at CMD in 2023, which perhaps we drifted away from a bit. And we're going to get back on that with full ambition, as I say, to be a platform company and to resume growth at historical levels. The key highlights, those are the key highlights. The revenue remains stable and margin profile is recovering. So, you know, we were at higher levels once upon a time at 21%. We went as low as 11% in the second half of last year. And I'm pleased that right now we're at 16%. And as I say, continuing our growth, I hope, to higher and historical levels of margin. On the operational side, it's all about data products, research, and CPS. Those are the three areas for us. We have, of course, been improving our data products over the last few months, especially with UX, UI, and improvements there rolling out, also including some AI enhance...