Morgan Advanced Materials PLC (LSE:MGAM)
£ 2.485 0.05 (2.05%) Market Cap: 707.14 Mil Enterprise Value: 977.64 Mil PE Ratio: 9.96 PB Ratio: 1.84 GF Score: 79/100

Full Year 2022 Morgan Advanced Materials PLC Earnings Call Transcript

Apr 28, 2023 / 08:00AM GMT
Release Date Price: £3.07 (+3.03%)
Operator

Welcome to the Morgan Advanced Materials Financial Results 2023 conference call. My name is Adam and I will be your operator today. (Operator Instructions) I will now hand the floor over to Pete Raby to begin. So Pete, please go ahead when you are ready.

Pete Raby
Morgan Advanced Materials plc - CEO & Executive Director

Good morning, everyone. I'm Pete Raby, the Chief Executive of Morgan Advanced Materials. I'm joined on the call by Richard Armitage, our CFO. I'm going to say a few words of introduction. Richard will then take you through our prelim results for 2022, and I will then talk through our growth drivers, our business unit performance, progress against our ESG priorities and our outlook for the full year.

Starting with the highlights. We've delivered strong organic revenue growth of 11.2%. Our faster-growing markets delivered 11.7% growth and our core 11.1% growth. A good performance in the core, reflecting further recovery of some markets in the pandemic and our focus on new products driving share wins. We've experienced higher

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