Half Year 2022 Essentra PLC Earnings Call Transcript

Aug 17, 2022 / 08:00AM GMT
Paul A. Forman - Essentra plc - Chief Executive & Executive Director

So let's rock and roll. Good morning, ladies and gentlemen. Welcome to the half year results for Essentra plc. I'm joined by Jack Clarke, our new CFO, who is making his debut. Quite a set of results to start with, Jack. And then Scott Fawcett. Scott is the MD of our Components division, and will answer questions on the detail of components. I was just mentioning to Charles Hall that sobering realization this is my 40th set of plc results, which is very, very depressing.

There we go. So I'm going to give you some highlights and talk about the strategic review. Jack will take you through financials. Scott and I will do divisional update and then I'll round up with the ESG and outlook.

Overall, a very positive 6 months, I think. Two key highlights. The first is progress made on the strategic review, and I'll give you some detail there. And secondly, very strong growth underlyingly in the continuing businesses, 14% revenue growth, 44% sales margin increase. And we are entering H2 with a 22% growth in the order book.

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