Mar 23, 2023 / 10:00AM GMT
Simon A. Borrows - 3i Group plc - CEO & Executive Director
Good morning, and welcome to 3i's Capital Market Seminar for Action's 2022 Results. My name is Simon Borrows. I'm the CEO of 3i and the Chairman of Action. Also on the line is James Hatchley, CFO of 3i; as well as Hajir Hajji, CEO of Action; and Joost Sliepenbeek, CFO of Action.
We plan to take you through the presentation, which has been put on our website this morning. Action's exceptional track record has continued in 2022 with very strong growth in sales, EBITDA and cash flow. The performance in 2022 is, once again, a testament to Action's brand and its customer-centric approach with very low prices proving increasingly attractive at a time of very high shop price inflation.
Action has coped remarkably well over the last few disrupted years and this slide shows how the Group has been able to demonstrate resilience and good growth for all phases of the economic cycle. We don't believe there are any retailers that are close comparators of Action and very few of them move as seamlessly into new geographic markets as Action
3i Group PLC Action Capital Markets Seminar Transcript
Feb 15, 2024
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