WELCOME TO OUR
H1 2022 FINANCIAL YEAR INVESTOR ROADSHOW
TODAY'S AGENDA
Overview & H1 2022 Results
Our Business Model
- Core strengths
- Strategy
- Ambitions
Our Strategic Progress
- Highlights
- Developing Online
- Building New Markets / Geography
- New Product Development
- Leveraging Our Brands
- Operational Capabilities & Efficiency
- ESG
Forward View & Summary
03.
OVERVIEW &
H1 2022 RESULTS.
OVERVIEW & H1 2022 RESULTS
H1 2022 OVERVIEW
+5% YOY
04.
Revenue (£M)
- 5% revenue growth despite significant macro headwinds shows resilience of brands
- Benefit of diversified sales markets negates weak consumer sentiment
- Operating margin up 8% : Cost pressures successfully passed through in price
- UK/US total online channels sales growth during pandemic maintained
- Stoke factory productivity up 5% YOY as capex automation starts to bed in
- Profit +30%
- Positive start to Q3 with growth YOY
- Reinstating interim dividend
+30% Y03Y
45.5
43.1
36.9
34.9
32.0
H1 2018 | H1 2019 | H1 2020 | H1 2021 | H1 2022 |
5% SALES GROWTH DESPITE
SIGNIFICANT MACRO HEADWINDS
2022
OVERVIEW & H1 2022 RESULTS
H1 2022 PERFORMANCE
2022 | 2021 | 2019 | 2022 v 2021 | 2022 v 2019 | |
£m | £m | £m | Change | Change | |
Revenue | 45.5 | 43.1 | 34.9 | +5% | +30% |
Headline* profit | 2.0 | 1.5 | 0.5 | +30% | +186% |
before tax | |||||
Headline* operating | 4.3% | 4.0% | 1.7% | +0.3% | +2.6% |
profit margin | |||||
Headline* EPS | 12.00p | 9.12p | 3.96p | +2.88p | +8.04p |
Dividends | 3.50p | 0.00p | 8.00p | +3.50p | -4.50p |
Net (debt)/cash | (6.8) | 0.1 | (5.8) | -6.9 | -1.0 |
*Headline numbers exclude exceptional items, restructuring costs.
05.
- Continued sales growth +5%
- Y03Y +30% sales growth
- Profit + 30%
- Dividends reinstated for FY21.
- Net debt due to cost inflation/FX and earlier US inventory purchases
2022
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Disclaimer
Portmeirion Group plc published this content on 22 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2022 07:19:07 UTC.