Welcome back, Andre & tony!

[Audio] Welcome everyone, we are here today to discuss the impressive growth of our company due to our vibrant sales, cost control, and net zero commitments. We are looking to pay a record amount in dividends and IP fees to the Group. To illustrate this, let us introduce the first slide of our presentation, showing a rocket flying over the earth, symbolizing our ambitions and achievements. Let's begin..

[Audio] As we continue our commitment to sustainability and lowering our carbon footprint, I'd like to discuss the solar panel installation project we are currently working on. Once complete, it is estimated that it will cut our carbon emissions by 1050 tons each year, and save us a great deal of money. In South Asia, we should be saving 99K each year, 65K in India, and 34K in Bangladesh until 2030. Our Race to Net Zero commitment will be greatly assisted by this project, and I'd like to now invite you to switch on the solar panel to mark the beginning of our South Asian journey to Net Zero..

[Audio] This chart shows that our revenue has had a steady 10.6% CAGR, leading to a large growth in our gross profit which rose 19% year-over-year. Additionally, our margin grew by an impressive 937 basis points. We have taken care to manage our working capital, and it has increased by 14% year-over-year. All of these successes are why we have had a successful year and we anticipate further progress in the years to come..

[Audio] One cannot help but marvel at the sight of a rocket gliding gracefully across the night sky. Fueled by its liquid engine, its mission is to uncover the mysteries of the unknown. This rocket is a testament to technological advancement, demonstrating our never-ending quest to venture further into the unknown. It is a symbol of progress and our ability to venture beyond our current limits..

[Audio] A rocket is pictured soaring through the sky above the Earth. It serves as a reminder of the potential of progress and exploration, signifying the possibility for advancement when we make a conscious effort to go beyond existing limits. This applies not only to business, science, and society, but to any other field where growth is sought after. The sky truly is the limit..

[Audio] For the slide number 6, the major drop from customers in the top 100 segment can be attributed to a number of factors. This includes pricing, service, credit terms, and other aspects that impact customer satisfaction. However, the good news is that we are taking proactive steps to address these concerns. We are working with each customer to ensure that their needs are met, and that our service is up to standard. This should help bring those accounts back into momentum, and restore growth..

[Audio] As we can see, May was a challenging period for us with down volumes and weak price contributing to a shortfall of 50K GP vs 4+8 expectation. However, the cumulative effect of our initiatives and cost management has enabled us to keep our internal revenue up by 15%, and margins up by 48%. We will need to focus on increasing volumes and prices in June to bring in the desired results. Now let's see what we can do to further accelerate our high margin business lines of BA, Agri and HL..

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[Audio] As we arrive at slide number nine, we find a beautiful image of a group of people posing for a photo against the backdrop of a rocket soaring through the air and over the horizon of Earth. The contrast of the powerful rocket cutting through the sky against the small figure of the people on the ground is a reminder of the power of human potential and the strength of our collective unity..

[Audio] India is showing rapid growth with its projected GDP of 6% or more in the next few years. Exports have increased, aided by a projected literacy rate of 77.0% for January 2023, and inflation standing at 6.83%. The RMG exports skyrocketed to USD 16.20 billion in the FY 2022-23. The lending rate ranges between 8.65% and 10.10% as of August 2023. The total area of 295,854 square kilometers of water and 2,991,409 square kilometers of land, with a median age of 28.2 years, is home to a population of 1.4 billion. Per capita national income has also risen from USD 1,820 in 2017 to USD 2,434 by 2023-24. GDP growth has steadily increased from 2017 to 2022, estimated to reach 7.3% in 2022. These figures illustrate India's thriving growth and a promising outlook for the future..

[Audio] The slide shows that there have been dramatic advancements in technology providing the world with many industrial opportunities that are seen as high-priority and have great potential for growth. IT, FMCG, Infrastructure, Healthcare, Fintech & Financial Services, Textiles & Garments, Metal & Mining and Agriculture are the major contributing industries in terms of size and potential. These industries are predicted to have an overall growth of $245 Billion with an average of 15%. This indicates an immense opportunity for anyone wanting to look into these industries..

[Audio] With an eye to the future, our broad portfolio of services covers the full range of technical testing and certification needs. AI Assurance and Medical Device Testing, Building and Construction, Sustainability initiatives, Automobile testing, and EMC/EMI Wifi/RF are all high priority services that support our customers in reaching their business goals. We remain committed to helping our customers meet their success and sustainability objectives..

[Audio] Pictures of rockets soaring gracefully through the sky are a common sight. But what if that rocket was flying right above the planet we're living on? That's the topic of this slide. Several Indian government initiatives have been announced to improve India's economy, such as the Delhi - Mumbai Expressway, the Bharatmala Pariyojana, the Sagarmala Project, the Navi Mumbai International Airport, the Dibang Dam Project and the National Infrastructure Pipeline. By working together these projects are set to improve the lives of Indians by creating more jobs and increasing the quality of life..

[Audio] This image portrays a rocket soaring over the Earth, representative of progress and innovation. It is symbolic of many industries and regulations, such as toys, HVAC, CSRD, PFAS, Net Zero and Tier 1-2 Compliance. It brings to light the effort of companies around the globe aiming for the highest standards of (EU) 2023/988 pertaining to general product safety and CSDD..

[Audio] We can see that, in terms of the assurance, testing, inspection, and certification market, Intertek, SGS, BV and UL have the largest market shares, while Vimta, DNV, BSI and other companies have smaller shares. The overall market size is estimated to be £350 million and is growing at a rate of 4%. With this information, we can further evaluate potential gaps and opportunities in the market, in order to gain a position of market leadership for our organization..

[Audio] As we work to turn our strategic goals into outcomes, staying customer-centric, technically proficient, and delivering zero-defect quality have become key components of providing our clients with a quick response. 10Xcellence has become our planning strategy to give our customers the best possible result. We are making a substantial investment in utilizing science-based Total Quality Assurance to guarantee customer satisfaction. Additionally, our branding, B2B2C, iconic ATIC sales power, and innovative digital campaigns will bring us closer to providing an immersive web experience. Additionally, we are taking advantage of zero to one strategies, MAI, and the first-mover advantage to amplify our capacity to obtain worldwide MAI, rapidly accomplish total quality assurance processes, and make use of a full ATIC spectrum. Finally, we are using our YBA campaigns and local partnerships to unlock potential ATIC openings across all sectors. To summarize, our commitments to lowering turnaround times, zero defects, customer gratification, and tapping into the ATIC are just the beginning for us. We are certain that our hard work will enable us to watch our rocket soar high in the sky..

[Audio] This slide presents a vivid image of a rocket ascending into the sky over a radiant Earth. The rocket symbolizes the ambition of our AAA enablers, who are the driving force behind our success. They provide limitless personal growth opportunities, attractive reward and recognition plans, and laser portfolio focus that help us become #1 or #2 in global and local markets. We have also committed to sustainability, investing in biodegradability testing, net zero DBTRW, health and safety, and delivering for all stakeholders. Our goal is to create a 10x in-wakened culture through our talent upgrade, diversity and inclusion, and champions program. All of these efforts are moving us forward and helping us to reach new heights..

[Audio] We bear witness to the incredible sight of a rocket soaring above the earth, embodying the ambitions, goals, and aspirations of our team. Our dedication and drive to be the best determines our success, and this rocket signifies our promise to reach our ambitious goals in the future. With the collective effort of all of us, nothing is out of reach..

[Audio] As we look to the future, a powerful image of a rocket soaring above the earth's horizon presents itself. This rocket symbolizes our ambition and dedication to achieving our goal for India in the next three years. It is fuelled by the newly showcased initiatives - Chemical, Biological and Mineral Labs, Environmental Safety, and Geospatial Testing - which represent an investment of fifteen point nine million pounds. Our goal is to reach one hundred in thirty, and by working together, we can make this rocket soar to new heights..

[Audio] Our key goals and priorities heading into 2024 and beyond are to identify areas where we can build local capabilities, keep track of upcoming local regulations, capitalize on our TSA-OSS-ESG capabilities to increase our presence in the market, better understand local regulations, develop renewable energy and EV capabilities, push for faster completion time at higher prices, strive for zero defects and constant improvement, introduce innovative services to command premium pricing, increase productivity in order to reduce costs, and leverage our global infrastructure to provide value for customers. These initiatives will help us remain competitive and ensure continued success..

[Audio] As we move on to a key element of our presentation, let's look at global capability centers (GCCs or GICs). These offshore units of multinational companies are located around the world to take advantage of growth drivers such as EV and AI and create new capabilities. India has become a top destination for global companies looking to boost EV and AI, with the government aiming for 100% domestic EV production by 2030. The EV market in India is forecast to reach 17 million units by 2030. To drive growth, the country has introduced schemes such as FAME-India and the PLI scheme, which focus on the development and application of EV and AI across sectors such as healthcare, education, and agriculture. G20 has highlighted AI as a major player in the digital economy. India also has several attractive corporate features including a highly educated and skilled workforce, English-speaking citizens, and time zone variations. In addition, the government has eased business regulations with initiatives like improvement in EoDB, rationalization, simplification, and digitalization of compliances and procedures. All of this makes India a great destination for global capability centers..

[Audio] Drawing to a close, I would like to point out this remarkable image of a rocket flying over the Earth. It symbolizes the potential of the research and development we have discussed, demonstrating the ability of companies like Intertek, SGS BV, TUV-S, TUV-R, UL, MTS GEO CHEM and GEO CHEM to offer progressive, sustainable services and solutions to their customers. In conclusion, we hope we have given a thorough understanding of the competitive environment of service mapping. Thank you..