Full Year 2022 Costain Group PLC Earnings Call Transcript
All right. Well, good morning, everyone, and thanks very much for coming in to join Costain's presentation on our 2022 full year results. I'm Alex Vaughan, Chief Exec of Costain, and I'm going to start the presentation with a bit of an operational highlights overview. And then Helen Willis, our CFO, she's going to take us through the financial results for the business. And then I'll come back and finish off the presentation, just talking you through the progress we're making in delivering the strategy for the business and how we see the outlook moving forward.
So look, I'm really pleased to be able to report a really strong set of results for 2022 that demonstrate that our strategy is now delivering results, and we're on the road to where we want to be. Operating profits are up strongly year-on-year, in line with our expectations, and we were able to deal with the inflation challenges that we faced into -- in the market. And we ended the year with a much stronger balance sheet position, posting a net
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