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Half Year 2023 GB Group PLC Earnings Call Transcript
Good morning, and a very warm welcome from myself, Chris Clark, CEO, GBG; and David Ward, CFO, GBG. And thank you taking time out to join our half year results presentation.
In terms of agenda, I will spend some time looking at the strategic and operational progress we've made in the first half of the year. I'll then hand to David who will talk about the financial results in a lot more detail, and then I'll close by looking at outlook before opening up to any questions you might all have.
So in summary, it's been a mixed first half. We made strong, strategic and operational progress, but our financial results have been impacted by 2 specific end market challenges, those being crypto and internet-economy.
In the half, we've continued to win excellent new business, have maintained strong retention rates and have seen growing momentum in cross-sell and up-sell right across the business. We're delighted that we've seen an acceleration of product innovation, in part due to the Acuant acquisition.
And on
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