Slides
Search
Documents
Interim Results 2023
Agenda
H1 Highlights
Financial Review - Jonathan Davies
Financial highlights
Underlying Operating Profit £52 (IFRS 16 basis)
Revenue now at 111% of 2019 levels
H1 Revenue performance driven by volume in Air
Ongoing strong cost management against inflationary headwinds
Underlying Net Loss £6m (pre IFRS 16 basis)
Accelerated growth in N. America and ROW supported by JV partners
Free cash usage of £118m
Step up in capex to mobilise the new business secured pipeline and Covid catch up
Capital allocation strategy unchanged
Business review and outlook - Patrick Coveney
We compete in a travel industry with long-term structural growth trends
Strong demand for food & beverage experiences
Strategic priorities
Business pivoting to higher growth channels & markets
Building enhanced propositions
Embedding sustainability into strategy
Focus on colleague engagement and training
Strategic priorities driving our economic model
Driving like for like sales performance
Accelerated pace of new business wins
New business wins in H1
Contract renewals in H1
Further business expansion in North America through M&A
A revitalised efficiency programme to drive performance and margin
Outlook
Stronger, better business post Covid
Q&A
Q&A
Q&A
Q&A
Q&A
To Download files in PDF click links below