FleetPartners Group Limited (FPR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Fleet Partners FY25 full year results. All participants are in a listen only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Mr. Damien Beryl, CEO. Please go ahead. Thank you very much and good morning to everyone. It's good to be with you today to present Fleet Partners 2025 Financial Results. I'm pleased to be here today with our Chief Financial Officer, James Hullins. Before we begin, I would like to acknowledge the traditional custodians of the land and waterways across Australia and pay my respects to Elders past and present. 2025 has been a pivotal year for Fleet Partners, a year of genuine transformation. As a result, we take great pride in what Fleet Partners has become today. Xcelerate is now complete and we have seen early signs of its benefit, demonstrated by some of the KPIs James will present shortly. We delivered solid financial results this year with growth in UMOS and MHA pre-EOL despite an uncertain macroeconomic environment which has led to a cautious approach amongst our customers. While new business guidance is down against a regular F524, our customer value proposition is resonating with fleet managers, which led to a pleasing run of tender wins during the year. We've also generated high cash flow and strong capital returns. The continued strength of our balance sheet and cash flow generation has supported the board's decision to increase our capital payout ratio range to 60% to 70% of MPAT A. Today we announced an acquisition of Remunerator which will significantly strengthen our salary packaging capabiliti...