Future plc (FUTR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone, good morning and thank you for joining us today. I know it is a busy day and we appreciate your time. For today's results, Sharjil will take you through some market context and the FOI25 performance. I will come back to talk through our vision, strategy and and my confidence in how the actions we are taking to build the business of tomorrow will deliver substantial value upside. What we would like you to take away from this presentation is three things. One, a better understanding of the topic that is understandably front of mind for many, namely audience and AI. Sharjil will cover why the risk is not as big as you think and I will take you through why this is actually already a revenue opportunity. We want to be open or as open as possible in sharing what we're seeing and how we're positioned. Two, a clearer view on what future is today. A data-first scalable platform and the progress we're making on our strategic initiative to take full advantage of this. In particular, as we build out new revenue streams to drive the platform effect, the network effect. Three, and finally, how we are continuing to evolve our business model to drive productivity and efficiency gains and continued strong cash generation. Thank you. Shajil, over to you. Thanks, Kevin. Good morning, everyone. Right, first thing. The score in the second test was 204 for 4 when I had to turn off my phone just now. Right, future financials. I'll get serious. We are pleased to deliver financials in line with consensus. Revenue at 739 was down 6% year-on-year on a reported basis. with organic performance down 3% as previously communicated. Our adjusted operating profit of $205 million reflects the expected four-year margin of 28%. This margin is flat year-on-year and demonstrates our discip...