Half Year 2024 Luceco PLC Earnings Presentation Transcript

Sep 10, 2024 / 08:30AM GMT
Presentation
Sep 10, 2024 / 08:30AM GMT

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Corporate Participants
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* John Hornby
Luceco PLC - Chief Executive Officer
* Will Hoy
Luceco PLC - Chief Financial Officer, Executive Director

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Conference Call Participants
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* Kevin Fogarty
Deutsche Numis - Analyst
* Ed Press
Liberum - Analyst
* Sam Cullen
Peel Hunt - Analyst
* Adam Forsyth
Longspur Clean Energy - Analyst

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John Hornby - Luceco PLC - Chief Executive Officer

Okay, good morning, everybody, and welcome to the Luceco H1 2024 results presentation. Highlight in what was a difficult period as far as market demand, we think we've executed well. Our revenue up just over 8%, of which 3.6% on a like-for-like organic basis in a market which has declined by approximately 3%. This resulted in an operating profit up almost 17% and an operating margin almost 1% higher. Our free cash flow was also strong,

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