Half Year 2022 Michael Hill International Ltd Earnings Call Transcript

Feb 22, 2022 / 11:00PM GMT
Operator

Thank you all for standing by, and welcome to the Michael Hill Analyst Briefing for First Half 2022 Results. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. (Operator Instructions) I'd now like to hand the conference over to CEO Daniel Bracken. Thank you. Please go ahead.

Daniel Bracken - Michael Hill International Limited - CEO, MD & Director

Good morning. Welcome to Michael Hill International Limited's First Half FY '22 Results Briefing. I'm Daniel Bracken, CEO, and I'm here today with Andrew Lowe, our CFO.

Today, we will be taking you through a review of our first half results, our current trading performance and providing you with a strategy update and, of course, ending with a Q&A session.

Turning to Slide 4. I'm particularly pleased with our results for the half. We delivered a strong comparative earnings result of $51.6 million, a lift of 15.5% on last year, along with same-store sales growth and margin expansion in all 3 markets. Despite

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