Mobico Group Plc (MCG) Q4 2025 Earnings Call

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WEBVTT 00:00:00.689 -- 00:00:06.037 Good morning, everyone. Welcome to our 12-month unaudited results presentation. 00:00:06.037 -- 00:00:10.082 As you know, I'm Phil White. I'm executive chair of Mobico. 00:00:10.082 -- 00:00:14.909 Introducing to my colleagues, we've got Brian Egan, who is our CFO, and Paco, who is 00:00:14.909 -- 00:00:20.718 our COO. You've met all three of us before at our half-year results. 00:00:20.718 -- 00:00:24.466 And you can remember at that time, we weren't really in the best of places. 00:00:24.466 -- 00:00:29.573 and at that time you will recall that only one of our five divisions of ZEN 00:00:29.573 -- 00:00:33.155 was really making any real money. 00:00:33.358 -- 00:00:37.504 Today we're here to talk to you about the stability we've brought to the business as 00:00:37.504 -- 00:00:42.531 well as the momentum being gradually built up as we implement our Simplify 00:00:42.531 -- 00:00:45.055 for Success programme. 00:00:45.055 -- 00:00:49.621 An apology first, I'm sorry that the results we are presenting today are unaudited but 00:00:49.621 -- 00:00:52.794 as you know We were left without 00:00:52.794 -- 00:00:57.722 an auditor late in the day last year, but I'm really pleased to say that we now have 00:00:57.722 -- 00:01:02.907 KPMG on board. That's a big win, believe it or not, getting an auditor. 00:01:02.951 -- 00:01:08.180 I know I'll probably be cancelled by our advisors for saying this, but 00:01:08.180 -- 00:01:12.492 please forgive me. I will only use the word unaudited once. 00:01:12.492 -- 00:01:16.818 because I could use it in every sentence as we go along so and I think the same applies 00:01:16.818 -- 00:01:21.644 to the word adjusted so forgive me on that because I don't want to be here all day and 00:01:21.644 -- 00:01:...