Half Year 2024 Environmental Group Ltd Earnings Call Transcript
Thank you for standing by and welcome to the Environmental Group Limited Half Year '24 Financial Results Presentation. (Operator instructions) I would now like to hand the conference over to Mr. Jason Dixon, CEO. Please go ahead.
Good morning, everyone. Thanks for joining us on the call and this morning. I'm joined by Paul Gasket it was going to be Andrew Bush, CFO, but then unfortunately, and it's got covert at the moment. So he's home in bed and not with us today. So Paul help me out where ever possible. And so I'm very pleased to be giving you the half year results today.
I'll just jump to the key highlights page 8. Revenue grew by 14.6% on the prior period to nearly $47 million, whereas EBITDA growth of up 48% to $4.5 million. And you'll see the key driver there was increased margins from 7.5%, up 9.7%. And accordingly, we've upgraded our guidance for the full year now to be up approximately 45% as we see a stronger second half for our investors, 50% of our revenue is now largely recurring and a lot of
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