Marlowe PLC (FRA:9MV)
€ 6.8 0.05 (0.74%) Market Cap: 676.50 Mil Enterprise Value: 934.24 Mil PE Ratio: 0 PB Ratio: 1.31 GF Score: 75/100

Half Year 2024 Marlowe PLC Earnings Call Transcript

Nov 28, 2023 / 09:30AM GMT
Release Date Price: €5.55 (-2.63%)
Alex Dacre
Marlowe plc - CEO

Good morning. I'll start this morning with a run through some of the key results during the first half. I'll then provide a quick review of the strategic progress we've delivered and the shape of the group today before Adam takes you through the financials in detail. I'll then focus in on the major progress that's been delivered and the very significant investment that's gone into the extensive integration programs we've been undertaking.

I'll walk you through our recent key strategic acquisition of IMSM, which broadens our capabilities into the attractive ISO certification and audit space. I'll also introduce and provide some color on the strategic review that the group began in the first half, which we expect to position us to generate significant shareholder value in the future.

We're pleased to report a good set of numbers in the half as Marlowe continues on its journey to build leading positions across our GRC and TIC compliance markets. Revenue was up 13% to GBP251 million with good organic growth of 6% supported by additional growth and recent

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