Full Year 2022 AO World PLC Earnings Presentation Transcript

Aug 18, 2022 / 07:30AM GMT
Presentation
Aug 18, 2022 / 07:30AM GMT

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Corporate Participants
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* Cynthia H. Alers
AO World plc - Director of IR
* John Roberts
AO World plc - Founder, CEO & Executive Director
* Mark Higgins
AO World plc - Group CFO & Executive Director

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John Roberts - AO World plc - Founder, CEO & Executive Director

Welcome, everybody. Thank you for joining us this morning. When we were last together in November, I said I think pretty optimistically that we were looking forward to things normalizing after we've frankly been running up and down escalator for the first half of the year. Well, let me say it right at the beginning. This might be a much longer escalator than any of us could have predicted only 9 months ago. I want to talk to you about what we're doing about that right across the business and the strategic realignment that is underway. We've taken some important steps to simplify the business, pivot to profit and cash generation and concentrate the

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