Jtc Plc (JTCPF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the JTC PLC results presentation. My name is David and I'll be your host for today's event. Please note that this conference is being recorded and for the duration of the presentation your lines will be on listen only. However, you will have the opportunity to ask questions at the end of the presentation. This can be done using the raise hand feature in the control panel on your screen. We will address as many questions as possible. When we come to answering your question, we will invite you to unmute and speak live to address our panellists. I will now hand you over to your presenters for today. Good morning. Welcome to the presentation of JTC PLC's full year results for the year ended 31st December 2024. I'm Nigel O'Kane, the Group CEO, and presenting with me today is Martin Fotheringham, our Group CFO, together with Ian Johns and Kate Beecham, who head up private client and institutional client services divisions, respectively. If we can turn to slide one and the agenda. In the next 30 minutes or so, I'll present my CEO highlights for the year, and Martin will run through the financial review. I will then give an update on the trends in the M&A market as it relates to the Group and the opportunity provided by the City Trust acquisition, which is on track to close at the end of this quarter. Then Ian and Kate will review 2024 for their respective divisions and give some insight into the focus areas for this year. Then finally, I will summarise our key takeaways and my expectations for the Group in 2025. 2024 was the first year of our Cosmos era and JTC's 37th consecutive year of revenue and profit growth since inception. We have made an accelerated start to the era with a particularly busy year of M&A activity supported by good organic growth m...