Perpetual Limited (PPT) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you and good morning everyone, or good afternoon or evening for those joining us from other parts of the world. Welcome to Perpetual's full year 25 results briefing. Before we begin today, we would like to acknowledge the traditional owners and custodians of the land on which we present from today here in Sydney, the Gadigal people of the Eora Nation, and recognise their continuing connection to land, waters and community. We pay our respects to Australia's First Peoples and to their elders past and present. We would also like to extend our respect and welcome to any Aboriginal or Torres Strait Islander people who are listening in today and acknowledge the traditional custodians of the various lands on which you all work today. Presenting here with us is our CEO and Managing Director, Bernard Riley, as well as our new CFO, Suzanne Evans. There will be an opportunity to ask questions at the end of the presentation. Please can we ask that we start with two questions each to ensure we have time for all analysts. Before I hand over to Bern, we would like to draw your attention to the disclaimer on page two of the presentation. Bern, over to you. Thanks, Susie. Good morning, everyone, and thanks for joining us today for Perpetual's FY25 results briefing. Before I begin on the results, I'd like to welcome Suzanne Evans, our new CFO, who joins me on the call today, and I look forward to introducing Suzanne to a number of you in the coming days. Reflecting on the FY25, 25 period, what is evident is that the business has demonstrated resilience through a period of substantial uncertainty. In addition, there has been a heightened level of market volatility due to the geopolitical landscape. As you'll see from the table below, our headline results showed total operating r...