Evoke plc (OTCPK:EIHDF) Q2 2025 Earnings Conference Call August 13, 2025 11:00 AM ET
Company Participants
Per Widerstrom – CEO & Director
Sean Wilkins – Chief Financial Officer & Director
Conference Call Participants
Edward Young – Morgan Stanley, Research Division
Richard Paul Stuber – Deutsche Bank AG, Research Division
Per Widerstrom
Good morning, everyone, and thanks for joining us today for our H1 2025 results. I’m Per Widerstrom. I’m joined today by Sean Wilkins, our CFO.
To start with the agenda on Slide 2. I will give you a quick introduction and then on to financial performance, which is consistent with the trading update we gave you a few weeks ago but Sean will talk through the details of this as well as covering our current trading and outlook for the year ahead. I will then cover strategic progress and how we are executing against the value creation plan before taking your questions.
Turning to Slide 3 and a quick overview of some of the key highlights for the half. Firstly, having returned the business to growth last year, this has continued with our fourth quarter in a row of growth. While first half growth of 3% or 4% in constant currency was a little below where we wanted it to be. We saw improving trends through the half with Q2 growth of 5%. This is being driven by continued very strong performances in our international core markets and retail returning to growth.
Secondly, we have significantly enhanced the profitability of the business. This is through direct actions like operating model changes and associated cost reductions as well as driving operating leverage by growing the top line and being more effective and efficient with our bonusing and marketing, improving margins. As I’ve said before, we are executing both the short-term turnaround while investing in building
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