Balfour Beatty Plc (BAFBF) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.317 Good morning, everyone. Welcome to those of you that have joined us here in the room 00:00:04.317 -- 00:00:08.222 at Deutsche Neumis, and hello to everyone online. 00:00:08.222 -- 00:00:12.728 My name is Philip Hoare, Group Chief Executive of Alpha Bt, and over the course of the 00:00:12.728 -- 00:00:18.216 next hour or so, Phil Harrison and I will talk you through our great 2025 00:00:18.216 -- 00:00:20.078 performance. 00:00:20.078 -- 00:00:25.926 But first, what a way to start. That video for me, that film, epitomizes 00:00:25.926 -- 00:00:30.945 everything that is great about Alpha Bt. the complex projects that we work 00:00:30.945 -- 00:00:36.133 on around the world, the depth of our end-to-end capability, the 00:00:36.133 -- 00:00:38.998 great customer relationships that we enjoy. 00:00:38.998 -- 00:00:44.106 And when you hear the stories from Richard, Amber and Wayne, what 00:00:44.106 -- 00:00:46.349 a fantastic legacy that they are working on. 00:00:46.349 -- 00:00:49.414 You can see, can't you, the pride that comes from them. 00:00:49.414 -- 00:00:53.420 And so this is a great organisation, poised for the future. 00:00:53.420 -- 00:00:56.596 I look forward to telling you more about that. 00:00:56.596 -- 00:01:01.304 But before I do, I just want to say a huge thank you to all the staff and employees of 00:01:01.304 -- 00:01:04.229 Balfour Beatty. It's you that makes this happen. 00:01:04.229 -- 00:01:07.555 It's you that delivers the great results that we're going to be talking about today. 00:01:07.555 -- 00:01:11.121 And it's you that will take this organisation into the future. 00:01:11.121 -- 00:01:16.226 So thank you. We really appreciate everything that you do for this company. 00:01:16.475 -- 00:01:20.081 Now, let m...