RECORD PLC (REC) — Preliminary Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the RECORD PLC investor presentation. Throughout this quarter presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time by the Q and A tab situated in the right corner of your screen. Just simply type in your questions and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company can review all the questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to make the following poll. And I'd now like to hand you over to Yan. Good afternoon to you, sir. Good afternoon, everyone, and thank you for joining the call. I'm Jan Witte, CEO of RECORD, and with me is Richard Heading, our CFO. This financial year was my first full year since taking over as CEO of the group in April 2024. I have been at RECORD for nearly thirteen years now and having previously had responsibility for the client and investment teams, this year has brought a new set of challenges. I'm very proud of the progress we have made this year. As we will cover in this presentation, we continue to expand RECORD's offering by building on our core strengths and we are well positioned for the future. For those of you who are new to RECORD, we are a specialist currency and asset management business, and we deliver best in class solutions for large institutional investors. We were founded in 1983 by Neil RECORD, and Neil remains our largest shareholder, and we've been publicly listed since 2007. We have over 100,000,000,000 in assets under management for clients based around the world with a particular strength in Switzerland and The United States and we employ just over 100 people in primarily our head n...