Half Year 2022 Auction Technology Group PLC Earnings Call Transcript

May 19, 2022 / NTS GMT
John-Paul Savant - Auction Technology Group plc - CEO & Director

So welcome to ATG's mid-year earnings. I'm joined by our CFO, Tom Hargreaves; and by Director of IR, Becky Edelman. Today, we'll be taking you through our results and through the financials as well as through the outlook.

Needless to say, it's been a volatile external market with the Ukraine, post COVID, the tech sell off, inflation and looming recession, and in light of that backdrop, especially happy to share that ATG has done well and that we have, what we believe, is a good path forward to continue to do well. So we'll cover that shortly as well as our revised guidance, which, as you saw today, is going up.

So if you can move to Slide 5, please. So before going into the meat of the presentation, I just want to share again ATG's vision. We play a major role in both of these areas. And so ATG is unlocking the value of the secondary goods market, and we're accelerating the growth of the circular economy. And I think the progress we've made against this market backdrop is testament to that structural shift

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