Creightons (CRL) FY24 results presentation - July 2024

Creightons Group Managing Director, Pippa Clark and Director of Finance, Qadeer Mohammed present the group’s results for the year ended 31 March 2024. Followed by a Q&A session with them both and Martin Stevens, Group Manufacturing Director/Deputy MD & Paul Forster, Non-exec Chairman.

00:00 – Opener

Pippa Clark, Group Managing Director
00:16 – Introduction
00:40 – Overview of Creightons
02:42 – FY24 Financial highlights
03:17 – FY24 Operational highlights

Qadeer Mohammed, Director of Finance
05:16 – FY24 financial summary
07:29 – Revenue
09:22 – Operating profit
10:41 – Cash generation
11:59 – Working capital
12:55 – Impairment of Emma Hardie brand value
13:48 – Dividend

Pippa Clark, Group Managing Director
14:21 – Strategy
14:36 – Private label development
16:16 – Development of core brands
20:04 – Expansion with new brands
20:55 – R&D Investment
22:51 – Digital sales
25:12 – Manufacturing strategy
26:16 – ESG targets
27:07 – Summary and outlook

29:03 – Q&A

Creightons plc is engaged in the development, marketing and manufacture of toiletries and fragrances. The Company operates through three business streams: private label business, contract manufacturing business and branded business. Its private label business focuses on private label products for high street retailers and supermarket chains. Its contract manufacturing business develops and manufactures products on behalf of third party brand owners. Its branded business develops, markets, sells and distributes products it has developed and owns the rights to. Its product portfolio includes bath and shower care, haircare, body care, baby and maternity, and fragrances, among others. Its services include market analysis, creative concept generation, product development, brand development, manufacturing and logistics. Its brands include Frizz No More, Volume Pro, Argan Body, Argan Smooth, Keratin Pro, Perfect Hair, Bronze Ambition, Sunshine Blonde, Beautiful Brunette and Just Hair.