ConvaTec Group PLC (LSE:CTEC)
£ 2.366 -0.018 (-0.76%) Market Cap: 4.84 Bil Enterprise Value: 5.88 Bil PE Ratio: 42.21 PB Ratio: 3.84 GF Score: 74/100

Half Year 2024 ConvaTec Group PLC Earnings Call Transcript

Jul 30, 2024 / 08:00AM GMT
Release Date Price: £2.37 (-5.80%)
Karim Bitar
ConvaTec Group PLC - Chief Executive Officer, Executive Director

Good morning. How are you all doing? So quiet but I guess some smiles, which is good. Hi, [Menita]. Nice to see you. She is like why is he calling me out. Anyway, look, it's a real pleasure to be with you here this morning, and I'd like to welcome you to ConvaTec's first half 2024 results review. What we'll be doing today, both Johnny and I is reviewing both our financial performance and the strategic progress we've made.

We're very pleased with the financial performance and the strategic progress we've made and what I thought we could do now was to really spend some time to understand what are the five key overarching messages or thoughts we want to leave you with today.

The first one is that in the first half of the year, we went ahead and delivered strong broad-based organic revenue growth. In addition, we're very much on track to go ahead and expand our operating profit margin, and we're growing our earnings and our free cash flow. So clearly a strong financial result. When you then combine that from a

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