Q1 2022 S4 Capital PLC Trading Statement Call Transcript
So good afternoon, everyone, and good morning in America. Apologies for invading your Memorial Day weekend. But I'm here with Mary in our London office, and Scott is in Singapore. And we've got a brief presentation by Mary on the Q1 results. And then Scott will fill out the Q1 by talking about our 2 additions or 2 mergers. And then we'll open up for Q&A. So Mary, off you go.
Thank you. So hello. Thank you for joining us today for our Q1 trading update. We have delivered strong top line growth in the first quarter with revenue up 70% on a reported basis and 41% on a like-for-like basis at GBP 207 million. Gross profit net revenue was up 35% on a like-for-like basis to GBP 171 million. We maintained our full year guidance of 25% growth gross profit net revenue.
In the full year, we continue to target a steady improvement in the EBITDA margin and from this year onwards, in line with our 3-year plan. Operational EBITDA for the year will be
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