Half Year 2023 Marlowe PLC Earnings Call Transcript
Good morning. Thank you for joining our financial year 2023 half year results presentation. I'm Alex Dacre, Group Chief Executive. This morning, I'll take you through our key financial highlights and the major strategic progress made in the first 6 months of the year, in a period in which EBITDA has grown by 80%, with strong organic growth, further margin expansion and successful M&A and integration.
We'll use the call to remind you of Marlowe's highly resilient characteristics and the reasons why we're able to deliver consistently strong financial performance, and we'll take you through our approach to organic and inorganic growth and our resilient outlook across compliance markets, which continue to experience attractive structural growth.
We're reporting a strong set of numbers today. Revenue was up 66%, driven by organic growth of 8% and a significant contribution from acquisitions. Adjusted EBITDA grew 80% to GBP 39.2 million and this substantial growth in profitability along with prior year equity placings is
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