Morgan Advanced Materials plc (MCRUF) Discusses Multiyear Strategy to Drive Higher Margins and Portfolio Value Prepared Remarks Transcript

Ian Marchant

Welcome to the Morgan Advanced Materials Strategy Update. My name is Ian Marchant, I’m the Chair, and I’m just literally going to set the scene before I hand over to Damien, our Chief Executive; and Richard, our CFO, who I’m sure you all know. So I believe that we at Morgan have the potential to be a leading force in our chosen markets, and that’s within reach. Why do I believe that? Because we’ve got the capabilities and clear differentiators that have been laid over the last century.

It’s not many companies that can look back over that length of time. And they form our strong foundations. I do recognize that the last few years has not been an easy time for the company, but we’re going to set out today a clear multiyear strategy to improve operations focusing on our larger sites, improve asset utilization, drive stronger, higher-margin growth and actively manage the value of our portfolio.

And the strategy will be able to enable us to unlock our potential and be a leading force in the markets in which we operate. So I’m confident in our prospects that we’ve got the right team to help us deliver. But actually, you don’t want to hear from me, you want to hear from them. So welcome, and over to you, Damien.

Damien Caby
CEO & Director

So thank you, Ian, and thank you, everybody, for taking the time in being here today. It’s a pleasure to have you. Everything I’m going to be talking about today is about becoming the leading force in our chosen markets. And I’m