Half Year 2024 Wincanton PLC Earnings Call Transcript

Nov 09, 2023 / 09:00AM GMT
James Wroath - Wincanton plc - CEO & Executive Director

-- of Wincanton's half year results ended 30th of September 2023. I'm going to move straight to Slide 2 and the disclosure statement that I'm sure you're all always familiar with. So the agenda for today. In a moment, I'm going to take you through a short executive summary covering the main themes of Wincanton's performance for this half year. I'm then going to hand over to Tom to talk us through the details of our financial performance. He's also going to cover our new capital allocation framework that we've announced, given the fantastic progress that we've made in dealing with our legacy defined benefit pension scheme. I'm then going to return to give an update on progress with the delivery of some of the key elements of our strategy, particularly focusing on growth in our pipeline, on technology development and of course, on ESG. Finally, we'll conduct a question-and-answer session.

So moving to the executive summary for this half year. Overall, the group has delivered a resilient performance despite a macroeconomic backdrop of

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