Rob Wood
CFO
Replay available
Entain plc (LSE: ENT) Q4 2025 earnings conference call, held 2026-03-05. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:00.031 -- 00:00:04.520 Good morning everybody and welcome to Entain's 2025 00:00:04.520 -- 00:00:09.691 results presentation. I'm delighted to be here to present a strong set 00:00:09.691 -- 00:00:14.781 of results. I'm joined this morning on stage by Rob Wood, our CFO and Deputy 00:00:14.781 -- 00:00:18.830 CFO and I also have members, by the way can you hear me? 00:00:18.830 -- 00:00:23.034 Good, good. OK. Always helps in a presentation to be heard, I think. 00:00:23.034 -- 00:00:27.619 Anyway, I'm also joined by the IR team here in the audience. 00:00:27.619 -- 00:00:32.664 We also have senior members of the executive team in the audience as well. 00:00:32.664 -- 00:00:37.930 And we have our new CFO designate, Michael Snape, who's in the front row 00:00:37.930 -- 00:00:42.975 as well. So welcome to everybody. And now onto the agenda. 00:00:42.975 -- 00:00:47.720 I'm going to start with the headlines and some of the highlights of our strong progress. 00:00:47.720 -- 00:00:52.746 After that, Rob will then take you through the financials and provide you with the guidelines 00:00:52.746 -- 00:00:58.814 for 2026. And then it's going to be back to me to discuss our strategic delivery, 00:00:58.814 -- 00:01:03.900 how our priorities are evolving to further accelerate our performance, and 00:01:03.900 -- 00:01:09.107 why we have confidence in our pathway to earnings growth, margin 00:01:09.107 -- 00:01:14.113 expansion, and cash generation, including our conviction that 00:01:14.113 -- 00:01:19.419 we are going to hit at least $500 million of annual adjusted cash flow from 00:01:19.419 -- 00:01:22.001 2028. And then 00:01:22.001 -- 00:01:27.865 finally, I will briefly wrap up before we open everything to your questions. 00:01:28.267 -- 00:01:32.431 But before...