Paul Timms
Group Director of Investor Relations
Replay available
Flutter Entertainment plc (NYSE: FLUT) Q4 2025 earnings conference call, held 2026-02-26. Replay captured from the company's public earnings webcast.

Group Director of Investor Relations
CEO
CFO
Analyst, Citizens
Analyst, DV
Analyst, Truist Securities
Analyst, Stifel
On behalf of Bernie McTernan, Analyst, Needham & Company
Analyst, Barclays
Analyst, Morgan Stanley
Analyst, Bank of America
Analyst, Oppenheimer
Analyst, JP Morgan
Analyst, Moffat & Nathanson
Analyst, Susquehanna
Analyst, Macquarie Group
Analyst, CBRE
Analyst, Citi
Analyst, Craig Hallam
Analyst, Bernstein
Thank you for standing by. My name is JL, and I will be your conference operator today. At this time, I would like to welcome everyone to the Flutter Entertainment fourth quarter 2025 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, followed by the number one on your telephone keypad. If you would like to withdraw your question, simply press star one again. I would now like to turn the conference over to Paul Timms, group director of investor relations. You may begin. Hi everyone and welcome to Flutter's Q4 update call. Joining me today are CEO Peter Jackson and CFO Rob Coldrake. After this short intro, Peter will open with a summary of our operational performance in the quarter and then Rob will update on our Q4 financials and new 2026 guidance. We will then open the lines for Q&A. Some of the information we are providing today constitutes forward-looking statements that involve risks, uncertainties and other factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors are detailed in our results materials and our SEC filings. All forward-looking statements are based on current expectations, and we undertake no obligation to update any forward-looking statement except as required by law. Also, in our remarks or responses to questions, we will discuss non-GAAP financial measures. Reconciliations are included in the results materials we have released today. and I will now hand you over to Peter. Thank you, Paul. I'm pleased to share our strong fourth quarter results and reflect on our strategic progress in 2025. Flutter is ...