Phil Clarke

Okay. Good morning, everybody. It's Phil Clarke here, I look after Investor Relations here at ASOS. So just very quickly housekeeping. We're going to start with the presentation. So I'll hand over to Jose in a minute. Him and Aaron will run through the presentation. We've got some great material in there. I'll then come back and I'll host the Q&A from here. We'll do questions in the room first, and then we'll do questions from the web platform. Jose?

Jose Antonio Calamonte
CEO & Executive Director

Well, I don't know where to do that, because I have the other one. So, morning, everyone. As always, very, very happy to see you here in our presentation of the first half of this financial year '26. And let me first tell you a little bit what is going to happen this morning, even though probably you already know, I will start giving you a little bit of the strategic highlights, then Aaron will cover the really important thing that is the numbers. And then I will go back to give you a little bit of the strategic outlook for the rest of the year, and then we will move to Q&A that I know that this is what everybody wants. You know I tend to talk a lot. So please don't let me talk so much so that we can