Q1 2022 Diploma PLC Trading Update Call Transcript
Good day, and welcome to the Diploma Q1 Trading Update. Today's conference will be recorded. I will now hand the call over to Johnny Thomson, CEO. Please go ahead.
Thank you. Good morning, everyone. Happy New Year. Thank you for joining us this morning. I'm here with Barbara Gibbes, as usual, our CFO. I'll take you through our trading update for a few minutes and then hand over to questions.
So to start with, just a reminder of our strategy, which is to build high-quality, scalable businesses for organic growth. We're excited about the significant growth runway that we see ahead. Firstly, positioning our businesses into structurally high-growth end markets; diversifying our businesses by penetrating further core geographies, U.S., Europe, U.K.; and indeed by extending our product ranges too. And of course, finally, growth -- organic growth driven by acquisitions in fragmented markets is an opportunity for us, too. So we're excited about our growth runway.
And then secondly, it's important, of
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