Full Year 2022 Discovery Ltd Earnings Call Transcript

Sep 07, 2022 / NTS GMT
Adrian Gore - Discovery Limited - Founder, Group Chief Executive & Executive Director

Good morning, and thank you for your time. It's always an absolute pleasure and an honor to present Discovery's results to you. The results today are for the full year ended 30 June 2022.

It has been a very good year for us, a very, very important year for us, certainly very complex. We put out the numbers earlier in our trading statement, and I hope we have clear -- operating profit up -- normalized operating profit up 45%. Core new business up 6%, headline earnings up 74% and normalized headline earnings up 71%. There's a lot of dynamics, obviously, behind these numbers, and I hope through the presentation, I get those across to you.

I'm joined by our CFO, Deon Viljoen, and our entire executive team is on the line. So after the presentation, we will take with questions as they come, and we will obviously answer to the best of our ability. So we'll go through this, hopefully, in a simple way, and I hope I get across the complexities of what is, I think, a very, very important year for Discovery.

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