C&C Group PLC (FRA:GCC)
€ 1.74 0.03 (1.75%) Market Cap: 665.28 Mil Enterprise Value: 868.28 Mil PE Ratio: 0 PB Ratio: 1.17 GF Score: 72/100

Half Year 2023 C&C Group PLC Earnings Call Transcript

Oct 27, 2022 / 07:30AM GMT
Release Date Price: €1.85 (-0.54%)
David Forde
C&C Group plc - Group CEO & Executive Director

Good morning, ladies and gentlemen, and welcome to the C&C Group Half Year 2023 Results Presentation. My name is David Forde. I'm the CEO, and I'm joined this morning by Patty McMahon, our CFO. And between us, we will take you through the presentation in about the next 25 minutes and hopefully leave sufficient time for questions and answers at the end of the session.

If you have the deck in front of you, I will refer you to Slide 2, to our disclaimer. And then I will quickly move on to Slide 3 to talk about progressing our strategy and what we're going to take you through today. After myself, Patty is going to take you through our financial highlights which I think is going to demonstrate a very solid performance over the half year, with our operating profit growing to EUR 54.9 million and our operating margins expanding to 6.1%, and our net debt-to-EBITDA trailing reducing to 1.5x from 3.4x in financial year '22. So Patty will take us through in quite some detail our financial highlights.

What I will then

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