Ann: December 2022 half year results presentation, page-2

Have to admit to being very surprised at the market's reaction to the results. Anaemic volume (as always) but I thought the company delivered on revenue, EBITDA and cash flow. Also, I note the outlook statements are for further growth in these numbers. The only negative was the small decline in operating cash flow compared with the previous half.

I was especially pleased to see this on slide 10: "Expectation is that business continues to be fully funded for current growth profile with no additional capital needed. Group continues to generate positive cashflows moving forward."

Of course, my previous gripe about the presentation and results announcement dancing around the fact that CCG is currently running at a net loss remains.