Volex plc

Good morning, ladies and gentlemen, and welcome to the Volex PLC interim results investor presentation. Throughout this presentation, investors will be in listen-only mode. Questions are encouraged and can be submitted at any time using the Q&A tab situated on the right-hand corner of your screen. Just please simply type in your question and press send. The company may not be in a position to answer every question received due to the significant attendees on today's call, but the company will review all questions submitted today and publish responses where it's appropriate to do so. These will be available via your InvestorMeet company dashboard, and again, we'll notify you by email when they are ready for your review. I'd also like to remind you that this presentation is being recorded. Before we begin, we'd like to submit the following poll, and if you would give that to your kind attention, I'm sure the company will be most grateful. And I'd now like to hand over, if I may, to John Bowden, CFO, and Nat Rothschild, Chairman from Volex. Good morning.

Good morning, everyone. And welcome to the half-year results presentation for Volex PLC. As you know, my name is Nat Rothschild, Executive Chairman, and I'm joined today by John Bowden, our Chief Financial Officer. I'm in New York, so I apologise for the hotel backdrop. Our strategy at Volex has been to build a diverse and resilient business that is focused on the customer and delivers profitable growth. These results demonstrate the continued progress we are making towards our long-term objectives, despite having to operate in a challenging environment due to extended lead times in the supply chain and inflationary pressures. All the hard work transforming the business has made us more flexible and able to respond to the macroeconomic challenges we've seen through the first half of the year. Today, we'll start with an overview of our performance, and then John will take us through the financial results. We will conclude the presentation with an update on our strategy and the outlook for Volex. At the end, there will be time for questions.

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