Half Year 2025 Mr Price Group Ltd Earnings Call Transcript

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Nov 21, 2024

Nov 21, 2024 / 07:00AM GMT
Mark Blair - Mr Price Group Ltd - Chief Executive Officer, Executive Director

Good morning, everybody, and welcome to the Mr. Price Group results presentation that covers the interim results. It's the six months to end of September. I think since -- certainly, since we last spoke, we had a session just after year-end in June, and was released the trading updates towards the back end of July. But I really feel that there's been a lot that's happened since then.

But just to recap, when we did speak last, we did say that April and May has started off really slowly. I'll go into the detail around that. That June had improved somewhat. That generally, we weren't finding a lot of positives in the retail environment in H1. But we're expecting a much improved H2.

From our perspective, from a management team's perspective, I think that's exactly how it's playing out. And we'll give you some proof of that as well. But I think when I say we're finding ourselves in a very different position. If you can just put yourselves back in the preelection jitter phase. When everything was sort of going in the

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