Marex Group plc (MRX) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.014 Draken, Head of Investor Relations at Merix. 00:00:03.014 -- 00:00:04.917 Please go ahead. 00:00:04.917 -- 00:00:09.222 Good morning, everyone, and thanks for joining us today for Merix's third quarter 2025 00:00:09.222 -- 00:00:14.448 earnings conference call. Speaking today are Ian Lowett, Group CEO, 00:00:14.448 -- 00:00:19.514 and Rob Irvin, Group CFO. After Ian and Rob have made their formal remarks, we will 00:00:19.514 -- 00:00:24.640 open the call for questions. Paolo Tenucci, Chief Strategist and CEO of Capital 00:00:24.640 -- 00:00:29.987 Markets, will join us as usual for Q&A. Before we begin, I would like to remind everyone 00:00:29.987 -- 00:00:33.994 that certain matters discussed in today's conference call are forward-looking statements 00:00:33.994 -- 00:00:38.541 relating to future events, management's plans and objectives for the business, and the 00:00:38.541 -- 00:00:43.349 future financial performance of the company that are subject to risks and uncertainties. 00:00:43.349 -- 00:00:47.798 Actual results could differ materially from those anticipated in these forward-looking 00:00:47.798 -- 00:00:52.548 statements. The risk factors that may affect results are referred to in Marek's press 00:00:52.548 -- 00:00:56.856 release issued today. The forward-looking statements made today are as of the date of 00:00:56.856 -- 00:01:00.845 this call, and Marek does not undertake any obligation to update their forward-looking 00:01:00.845 -- 00:01:05.972 statements. Finally, the speakers may refer to certain adjusted or non-IFRS 00:01:05.972 -- 00:01:11.140 financial measures on this call. A reconciliation schedule of the non-IFRS financial 00:01:11.140 -- 00:01:16.367 measures to the most directly comparable IFRS measures ...