Pagegroup Plc (MPGPF) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.196 Good morning. Thank you for attending today's Page Group Pool Year Results. 00:00:04.196 -- 00:00:06.459 My name is Sarah, and I'll be your moderator today. 00:00:06.459 -- 00:00:11.205 All lines will be muted during the presentation portion of the call, but an opportunity 00:00:11.205 -- 00:00:15.491 for questions and answers at the end. If you would like to ask a question, press star 00:00:15.491 -- 00:00:20.497 1 on your telephone keypad. I'd like to pass the conference over to our host, Nick Kirk, 00:00:20.497 -- 00:00:24.062 Chief Executive Officer. Please go ahead. 00:00:24.062 -- 00:00:29.083 Thank you. Good morning, everyone, and welcome to the Page Group 2025 full-year 00:00:29.083 -- 00:00:32.768 results presentation. I'm Nick Kirk, Chief Executive Officer. 00:00:32.768 -- 00:00:37.452 On the call with me is Kelvin Stagg, Chief Financial Officer. 00:00:37.936 -- 00:00:42.702 The group produced a resilient performance despite continued market uncertainty. 00:00:42.702 -- 00:00:47.409 We saw variable market conditions across the regions with ongoing challenging conditions 00:00:47.409 -- 00:00:50.473 in continental Europe and the UK. 00:00:50.473 -- 00:00:56.164 However, we continue to grow in the U.S. and we saw improved conditions in Asia Pacific, 00:00:56.164 -- 00:00:59.886 particularly during the second half of the year. 00:01:00.169 -- 00:01:04.194 The conversion of interviews to accepted offers remained the most significant area of 00:01:04.194 -- 00:01:09.441 challenge as ongoing macroeconomic uncertainty continued to impact candidate 00:01:09.441 -- 00:01:14.125 and client confidence, which extended time to hire. 00:01:14.388 -- 00:01:19.434 As you know, we've taken robust action to optimize our cost base by simpli...