Ultra Electronics (ULE) 2021 interim results presentation

Ultra's CEO Simon Pryce and CFO Jos Sclater present the Group's 2021 interim results. It was a stronger than anticipated first-half performance and excellent strategic progress. The Focus; Fix; Grow transformation programme is delivering ahead of plan and with a better payback than originally anticipated. This should accelerate top-line and market share growth. They are increasingly confident about future prospects. Simon Pryce, CEO 00:17 – Introduction 01:24 – Overview Jos Sclater, CFO 04:52 – Financial Highlights 17:19 – 2021 Outlook Simon Pryce, CEO 18:59 – Our Markets 24:58 – Growth Drivers Jos Sclater, CFO 36:02 – Transformation Program 41:35 – ESG Simon Pryce, CEO 43:10 – Summary Jos Sclater, CFO Simon Pryce, CEO 44:58 – Q&A Simon Pryce, CEO 52:35 – Closing Remarks Ultra Electronics Holdings plc provides solutions and products in the defense and aerospace, security and cyber, transport and energy markets, by applying electronic and software technologies. The Company operates in three segments: Aerospace & Infrastructure, Communications & Security, and Maritime & Land. Its market facing segments are Aerospace, Infrastructure, Nuclear, Communications, C2ISR, Maritime, Land and Underwater Warfare. The Aerospace & Infrastructure division produces high-integrity, safety critical electronic control systems for aircraft applications, including position sensing and control; airframe and engine ice protection and detection; electronic architectures; weapon control, and noise cancellation systems. The Communications & Security division provides mission critical, information dominance solutions. The Maritime & Land division provides sensors, combat management systems, power solutions for surface, sub-surface and unmanned platforms.