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Full Year 2022 Babcock International Group PLC Earnings Call Transcript
Good morning, everyone, and welcome to the full year results for 31st March 2022. Thank you for dialing in. So I have to show you this disclaimer slide, which I'm sure you've already read. So what are we going to cover today? I'm just going to do a brief introduction, and then David will take you through the financial results, which I'm sure you're pleased to know are somewhat simpler than those which you had to present 12 months ago. I'll come back on and do something about the future and opportunities, and then David and I will take questions.
So -- what I think you'll see through the numbers is that we've had really strong progress in the first year of the turnaround, and that's because we've delivered what we set out in the 5 goals, which was to simplify the portfolio, refocus on our chosen markets, and that's both geographic and subject matter to strengthen and improve the quality of the balance sheet, and that includes paying down some of the off-balance sheet type items, driving efficiencies through the implementation
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