Half Year 2024 S4 Capital PLC Earnings Call (UK Event) Transcript

Sep 19, 2024 / 08:00AM GMT
Martin Sorrell - S4 Capital PLC - Executive Chairman of the Board

Good morning, everybody. Thanks for joining us. I'm in New York and I'm joined by Mary Basterfield; Scott Spirit; and Jean-Benoit Berty, who are all in London. So we have a presentation on the first half. There are seven sections to this on our website. The first Mary will give us a summary of the results, a Scott will run us through market momentum, our clients analysis and artificial intelligence. And then I'll come back with a summary and outlook, and we'll have a Q&A after that. There's an appendix also, with certain other inflammation, that supports the presentations.

So with that, Mary, would you take us through the results, please?

Mary Basterfield - S4 Capital PLC - Group Chief Financial Officer, Executive Director

Thank you, Martin. Good morning and thank you for joining us today. I'd like to start with the financial highlights. Reported net revenue for the half year was down 16% to GBP376 million or 14% on a like-for-like basis. Global macroeconomic uncertainty, together

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