Half Year 2022 HALEON PLC Earnings Call (Q&A) Transcript
Good morning, good afternoon, everyone. Thank you for joining the Haleon Half Year Results Q&A call this morning. Hopefully, by now, you've all seen the presentation and the video of this on the Investors section of the website. I'm joined today by Brian McNamara, CEO; and Tobias Hestler, CFO for Haleon, for today's session.
Before handing back to the operator for the Q&A moderation, I just wanted to draw attention to the disclaimer at the front of the presentation listed on our website.
With that, I'd like to hand back to the operator for Q&A. Thank you.
Questions & Answers
(Operator Instructions)
And our first question today comes from Guillaume Delmas of UBS.
So 2 questions for me, please, both on top line. Firstly, on the current consumer environment, I mean, you mentioned, Brian, in your presentation a bit of down-trading. So maybe could you provide more color on this? And
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