S4 Capital PLC (LSE:SFOR)
£ 0.519 -0.0065 (-1.24%) Market Cap: 309.80 Mil Enterprise Value: 534.20 Mil PE Ratio: 0 PB Ratio: 0.35 GF Score: 45/100

Q3 2022 S4 Capital PLC Trading Statement Call Transcript

Nov 14, 2022 / 08:00AM GMT
Release Date Price: £2.24 (+6.76%)
Martin S. Sorrell
S4 Capital plc - Executive Chairman

Good morning, everybody. S4 Capital's Q3 Results. I'm joined by Scott Spirit on my left, who's coming from Singapore to be with us; and Mary on my right, our new CFO. So we're going to present the results. Mary will present the results, and then Scott will take you through clients, a little bit on strategy, and then I'll just do a brief summary.

So over to Mary.

Mary Margaret Basterfield
S4 Capital plc - Group CFO & Director

Thank you, Martin. So good morning, and thank you for joining us for our third quarter trading update. We have delivered strong top line growth, continuing the momentum we saw in the first half. Revenue of GBP 300 million was up 68% on a reported basis and 27% like-for-like versus the third quarter of 2021. Like-for-like gross profit net revenue for the quarter was up 29% to GBP 250 million. This takes gross profit net revenue for the first 9 months to GBP 625 million.

Our break on hiring has stabilized headcount and delivered improved profitability, especially

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