Half Year 2023 Morgan Advanced Materials PLC Earnings Call Transcript

Feb 14, 2024

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Aug 04, 2023 / 08:30AM GMT
Operator

Hello, everyone, and welcome to the Morgan Advanced Materials Half Year Financial Results 2023. My name is Nadia, and I'll be coordinating the call today. (Operator Instructions)

I will now hand over to your host, Pete Raby, Chief Executive Officer, to begin. Pete, please go ahead.

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 interim results for 2023. 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 made encouraging progress following the cyber incident in January, with the business recovering steadily through the first half. Organic revenue growth was 2.6% overall with 5.6% growth in our faster-growing segments.

Our planned expansion in the semiconductor

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