Eurocell plc (ECELF) Q2 2026 Earnings Call Transcript

SA Transcripts 162.1K Followers Follow Eurocell plc ( ECELF ) Q2 2026 Earnings Call September 4, 2026 4:00 AM EDT Company Participants William Truman - CEO & Executive Director Michael Scott - CFO & Director Presentation Operator Good morning, and welcome to the Eurocell plc Half Results Investor Presentation. [Operator Instructions]. Before we begin, I would like to submit the following poll. I would now like to hand you over to our CEO, Will Truman. Good morning to you. William Truman CEO & Executive Director Good morning, and welcome to Eurocell's 2026 Half Year Results Presentation. As just introduced, I'm Will Truman, Chief Executive; and I'm with Michael Scott, CFO; also joined with Matt Worster who's the CFO Designate. This morning, I'll give you a brief overview of the half year before handing over to Michael, who will take you through the financial results in more detail before handing back to me for the strategy update. Michael will then cover the ERP upgrade, restructuring and ESG, and I will then wrap up with the summary. As you know, I was appointed in February of this year and my reflection on this first half year's results is that we've made some good progress. Alunet has continued to trade in line with our expectations, and there has been an improvement in the underlying business despite a soft first quarter to the year. The improvement in the sales momentum we saw in Q2 has continued into the second half of the year. As part of this, we have seen gains in each of the strategic initiatives, but importantly, in the underlying business as well. Alongside this, we have made progress with further restructuring and strong cost disciplines. As a result, group revenues improved 6% in comparison to the first half of the prior year from GBP 193 million to GBP 205 million. Adjusted operating profit