Interim Results 2023

This is the archive webcast of the presentation at 09:00 on Tuesday, 28 November 2023

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Results for the 24 weeks ended 1st OctoberResults for the 24 weeks ended 1st October
HighlightsHighlights
Financial Review - Gregor Grant - CFO Financial Review - Gregor Grant - CFO
Results summary H1 FY24 vs H1 FY23Results summary H1 FY24 vs H1 FY23
LFL sales performanceLFL sales performance
Consistent one year LFL performance across site age cohortsConsistent one year LFL performance across site age cohorts
Underlying margin FY24 vs FY23 –margin expansion on trackUnderlying margin FY24 vs FY23 –margin expansion on track
Margin outlook –inflation continuing to moderateMargin outlook –inflation continuing to moderate
Cash flow IAS17 –continuing strong cash generationCash flow IAS17 –continuing strong cash generation
Cash flow IAS17 –free cash flow covers 97% of new site capexCash flow IAS17 –free cash flow covers 97% of new site capex
Capital expenditureCapital expenditure
Non property net debtNon property net debt
FY24 53 Week YearFY24 53 Week Year
Strategy and Operations Review - Nick Collins - CEOStrategy and Operations Review - Nick Collins - CEO
Continuing to deliver on the strategy we set out at IPOContinuing to deliver on the strategy we set out at IPO
Sales and the consumerSales and the consumer
Loungers Café BarsLoungers Café Bars
A recap on ‘What is a Lounge?’A recap on ‘What is a Lounge?’
A recap on ‘What is a Lounge?’A recap on ‘What is a Lounge?’
Our all day offer is constantly evolvingOur all day offer is constantly evolving
Our value for money is a significant factor in our strong performanceOur value for money is a significant factor in our strong performance
Why do we achieve such strong returns on capital?Why do we achieve such strong returns on capital?
Cosy ClubCosy Club
Opportunity to build on existing level of salesOpportunity to build on existing level of sales
Brightside Roadside DiningBrightside Roadside Dining
The journey so farThe journey so far
Property headlinesProperty headlines
Case Study – Navio LoungeCase Study – Navio Lounge
Case Study – Ormo LoungeCase Study – Ormo Lounge
Lounge versatility – we trade strongly in a variety of different locations:Lounge versatility – we trade strongly in a variety of different locations:
Where do our sites come from (2022-23)Where do our sites come from (2022-23)
The Good Stuff – Loungers and our ESG ambitionThe Good Stuff – Loungers and our ESG ambition
Continuing to invest in our peopleContinuing to invest in our people
Conclusions - Alex Reilley - Executive ChairmanConclusions - Alex Reilley - Executive Chairman
ConclusionsConclusions
Results for the 24 weeks ended 1st OctoberResults for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st OctoberResults for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st OctoberResults for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st OctoberResults for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st OctoberResults for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st OctoberResults for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st OctoberResults for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st OctoberResults for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st OctoberResults for the 24 weeks ended 1st October
Slide 36Slide 36
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Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Highlights
Highlights
Financial Review - Gregor Grant - CFO
Financial Review - Gregor Grant - CFO
Results summary H1 FY24 vs H1 FY23
Results summary H1 FY24 vs H1 FY23
LFL sales performance
LFL sales performance
Consistent one year LFL performance across site age cohorts
Consistent one year LFL performance across site age cohorts
Underlying margin FY24 vs FY23 –margin expansion on track
Underlying margin FY24 vs FY23 –margin expansion on track
Margin outlook –inflation continuing to moderate
Margin outlook –inflation continuing to moderate
Cash flow IAS17 –continuing strong cash generation
Cash flow IAS17 –continuing strong cash generation
Cash flow IAS17 –free cash flow covers 97% of new site capex
Cash flow IAS17 –free cash flow covers 97% of new site capex
Capital expenditure
Capital expenditure
Non property net debt
Non property net debt
FY24 53 Week Year
FY24 53 Week Year
Strategy and Operations Review - Nick Collins - CEO
Strategy and Operations Review - Nick Collins - CEO
Continuing to deliver on the strategy we set out at IPO
Continuing to deliver on the strategy we set out at IPO
Sales and the consumer
Sales and the consumer
Loungers Café Bars
Loungers Café Bars
A recap on ‘What is a Lounge?’
A recap on ‘What is a Lounge?’
A recap on ‘What is a Lounge?’
A recap on ‘What is a Lounge?’
Our all day offer is constantly evolving
Our all day offer is constantly evolving
Our value for money is a significant factor in our strong performance
Our value for money is a significant factor in our strong performance
Why do we achieve such strong returns on capital?
Why do we achieve such strong returns on capital?
Cosy Club
Cosy Club
Opportunity to build on existing level of sales
Opportunity to build on existing level of sales
Brightside Roadside Dining
Brightside Roadside Dining
The journey so far
The journey so far
Property headlines
Property headlines
Case Study – Navio Lounge
Case Study – Navio Lounge
Case Study – Ormo Lounge
Case Study – Ormo Lounge
Lounge versatility – we trade strongly in a variety of different locations:
Lounge versatility – we trade strongly in a variety of different locations:
Where do our sites come from (2022-23)
Where do our sites come from (2022-23)
The Good Stuff – Loungers and our ESG ambition
The Good Stuff – Loungers and our ESG ambition
Continuing to invest in our people
Continuing to invest in our people
Conclusions - Alex Reilley - Executive Chairman
Conclusions - Alex Reilley - Executive Chairman
Conclusions
Conclusions
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Results for the 24 weeks ended 1st October
Slide 36
Slide 36

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