PayPoint plc (PAY) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much and good morning, everyone, and welcome to our results presentation. Today, we'll give a brief overview of the business performance, highlights by division, and then Rob will take you through the financials, follow by some further detail on our reorganization, what it means for the business going forward, and why it represents, in our view, a major inflection moment for the business, and then finish off with our outlook before we open up to Q&A. So turning first to our headlines. Firstly, in terms of results, we're announcing record underlying pre-tax profits of 69 million pounds for the year. And in the year, returning over 90 million pounds to shareholders in the form of share buybacks, the special dividend and an ordinary dividends. Secondly, during the year, we've made strong progress in three of our key growth levers. in the launch of Paypoint Bank Local with Lloyds Bank and now Nationwide. We've launched Raw Mail Shop and the strategic investment by Raw Mail and Collect Plus. And our plans announced earlier in the year are now underway to simplify the group structure into four business units to drive both greater transparency and actually the platform necessary to deliver our target growth rate of 5% to 8% net revenue per annum. I think combined, these headlines demonstrate great energy and momentum in the business and point to genuine inflection points here as we focus on our plans for the next three years to deliver the next phase of growth in the business. We're also reiterating our confidence in the outlook for the current year, delivering further progress, exceeding the underlying profits achieved in FY26, and results will be in line with market expectations. In terms of our performance overview, Rob's going to cover these financial res...