Full Year 2022 Adcock Ingram Holdings Ltd Earnings Call Transcript

Aug 25, 2022 / 09:00AM GMT
Operator

Good morning, ladies and gentlemen, and welcome to the Adcock Ingram year-end results. (Operator Instructions) Please note that this call is being recorded. I would now like to turn the conference over to Andy Hall. Please go ahead, sir.

Andrew Gideon Hall - Adcock Ingram Holdings Limited - CEO & Executive Director

Thank you, Denai. Good morning, ladies and gentlemen. Welcome to our webcast for our 30 June 2022 annual results. I'm going to take you through an overview of the financial performance, which we consider to be very strong. These results can be attributed to a healthy growth in turnover. We had a favorable exchange rate supporting the margin during the year and obviously, on the top line, underpinned by a huge sales, marketing and operational effort from our people. And once I'm done, I'll hand over to Dorette and she will talk through the detailed financials for you.

For the year under review, turnover increased by 12%, which was driven by volume growth of 6%. What we saw there was really good demand for our OTC and consumer products. We

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot