Jun 05, 2025 / 06:00AM GMT
Ije Nwokorie - Dr Martens PLC - Chief Executive Officer
Hello and welcome to our FY25 results presentation. I'm joined today by Giles Wilson, our CFO. I'll do a short introduction before handing over to Giles to run through our FY25 financial results, and then I'll return with some closing comments.
FY25 was a year of stabilization. At the start of the year, we laid out four key objectives, and I'm pleased to say that we delivered against all of these. We turned around our America's DTC performance with America's DTC back to growth in H2. We pivoted our marketing to relentlessly focus on product with great initial results, you heard me talk about these back in November. We have reduced our operating cost base, taking GBP25 million of annualized savings out of the business. And really importantly, our balance sheet is significantly strengthened with inventory and net debt both down significantly ahead of guidance.
Over to Giles to talk you through the year's financial performance.
Giles Wilson - Dr Martens PLC - Chief Financial Officer, Executive Director
Full Year 2025 Dr Martens PLC Earnings Call Transcript
Jun 05, 2025
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