CAVENDISH PLC (CAV) — 2025 Full Year Results - "A year of progress and profitability"

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the CAVENDISH PLC Investor Presentation. Throughout today's recorded meeting, attendees will be in listen only mode. Questions are encouraged. They can be submitted at any time just using the Q and A tab situated on the right hand corner of your screen. Please simply type in your questions at any time and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company can review all questions submitted today, and we'll publish those responses where it's appropriate to do so. Before we begin, we'd like to submit the following poll, and I'm sure the team would be most grateful for your participation. I'd now like to hand over to the management team from CAVENDISH PLC, Ben, John, Julian. Good morning. Good morning. Afternoon. Good morning. Afternoon, indeed, depending on which country you're in. Good afternoon, everyone. We're here to present CAVENDISH's results to the financial year 2025. And as I'm sure you know, CAVENDISH, we are the only integrated investment bank focused on ambitious, growth companies. So we offer the broadest range of choice to our corporate clients. And what we're trying to do is give our corporate clients the best solution for them in any market. So we are market leaders in all of our markets from private m and a and debt advisory all the way to public markets. We have a very large client base across markets and asset classes who transact regularly. So this gives us very reliable, repeatable revenues. We're also very focused on costs, and our platform can can can transact significantly more revenue than we currently are doing with a very, very small amount of marginal additional costs. So that means we're very highly operational ...