PayPoint plc (PAY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the PayPond Preliminary Results Conference Call. I am Valentina, the Chorus Call Operator. I would like to remind you that all participants will be in listen-only mode and the conference is being recorded. The presentation will be followed by Q&A session. You can register for questions at any time by pressing star and 1 on your telephone. For operator assistance, please press star and 0. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Nick Wiles, CEO. Please go ahead. Thank you, Valentina. Good morning, everyone, and welcome to our full year results presentation for the 12 months to March 2025. In terms of our agenda this morning, I will give a brief overview of our results and our updated financial targets for the business for the three years out to March 28. Rob will then cover the group financials in more detail, followed by an update on strategy and where our focus is in the current year, our business review, and then finally our outlook for the current year before we open up for Q&A. Turning to our full year highlights, a resilient financial performance for the year as a whole, building on our strong first half, and really despite a more challenging trading environment in the second half and a rather stalled recovery in consumer confidence. I think delivering for the year as a whole, a double-digit increase in EBITDA and underlying PBT, I think does reflect the resilience of our business, some good operational management, the continued momentum in the growth areas of our business, and I think continued strong cost disciplines. Our increase in net debt reflects the impact of our investments over the year, in addition to our ongoing share buyback. And we've increased ...