G&H | Artemis reposted this
G&H has announced its audited results for the year ended 30 September 2024. Today, our Chief Executive Officer, Charlie Peppiatt, and Chief Financial Officer, Chris Jewell, presented the FY24 results to investors in London, highlighting the company’s performance and key developments. Charlie Peppiatt said, "During 2024 we have made further positive progress with establishing and implementing the changes required across the business to deliver our strategic plan. I would like to take this opportunity to firstly thank our customers for their continued and growing confidence in G&H. And secondly, to extend my sincere thanks to all our employees around the world for their hard work and commitment during last year, that was characterised by challenges from organisational change, ongoing supply chain issues, several sluggish end-markets and cost inflation. The growing positive ‘can do’ attitude across the whole company towards the transformational improvement activity underway at G&H has been excellent and will be a key driver for our future success. After a challenging first half of the year primarily due to destocking in our industrial and medical lasers markets, I am pleased to report that the Group delivered a strong performance in the second half of the year with revenues up to £136 million and adjusted operating profit from continuing operations in the period of £10.5 million”. Read the full results announcement here: https://hubs.ly/Q02-9lcz0 🖱 #ABetterWorldWithPhotonics #GandH #Photonics #OpticalSystems #LifeSciences #FY24Results