International Personal Finance plc (IPF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everybody and welcome to our results presentation for the six months to the 30th of June 2025. Now if you've been watching the airwaves this morning you'll note actually that we put out two announcements. One is our standard set of results for the six month period but the other is what's called a Rule 2.4 announcement and that's a statement regarding a possible recommended cash offer for IPF, our group, by Basepoint Capital LLC. Now there isn't anything I can tell you that isn't in that document so I can't talk about that document today. Everything you need to know is actually in the 2.4 announcement. So for today I'd like then to focus on what has been a very good set of results. Now, as usual, I'm going to start and do a high level overview of the numbers and then I'm going to go on and talk about our three pillar strategy. I'll then hand you over to Gary, who's going to take us through the trading business in detail, both at a group level and for each of our three divisions. Gary will also cover the funding, the portfolio quality and capital management and point out to us where we're doing really well and where we have more work to do. At the end I'll cover off a forward look and then we'll go on to Q&A. Now as regards Q&A, somewhere on the bottom of your screen there should be a dialogue box so at any point please feel free to type in a question there and we'll get that or alternatively just wait until the end and put the questions to us and Rachel will ask us all of those at the end of the presentation. Now in total I think it probably takes about 40 minutes. So with that let's talk about the overview. Now if you had a chance to see our RNS this morning you'll have seen that we put out a number of forty nine point nine million pounds profit before t...