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Half Year 2024 PayPoint plc Earnings Call Transcript
Good morning, everyone, and welcome to our interim results presentation. We've set out here our familiar agenda for this morning. Rob and I look forward to taking you through the key highlights of our first half ahead of answering any questions.
Overall, I think we've delivered a really resilient first half performance with strong underlying performances from parcels, from our card processing business and from open banking, and a return to growth for both Park Christmas Savings and also Love2shop.
I think for us, the results and our cost set as we look forward, say a lot to the transformation of the business over the last three to four years particularly against an economy and its headwinds and our legacy energy sector, where we saw net revenues down 20% in the first half. As the business following the acquisition of Appreciate but clearly more seasonally weighted to the second half and Rob will talk about that more later.
I'm really pleased to say we started the second half well. Energy volumes are better and the momentum across the business
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