Robert Walters plc (RWA) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Robert Walters' full year results 2025 presentation. The presentation will be followed by Q&A session. And if you'd like to ask a question over the conference call, please signal by pressing star 1 on your telephone keypad. And I'd like to hand over to Toby Folsom. Please go ahead. Morning everyone and welcome to our full year results presentation webcast. I'm Toby Folsom, Chief Executive Robert Walters and I'm joined here in London today by David Bower, our CFO. This is the third set of full year results David and I are delivering as a management team and there's no question that 2025 was another challenging year. It's demanded a lot from people right across our business but as a management team we are clear that our people have responded well to that challenge. You'll leave today's presentation with a clearer sense of how we've continued to implement self-help measures and also how we focused on ensuring balance sheet strength. Along with a market opportunity that remains significant and early signs of recovery in select markets, we continue to have high conviction in the opportunity ahead of us. In terms of the agenda today, I'll hand over to David shortly for a walk through the 2025 financials and an update on our actions regarding the balance sheet. I will then share more of our thinking on why, despite the tough backdrop of the last few years, we continue to be encouraged about the market opportunity ahead of us, and also cautiously optimistic about the early signs of recovery in certain markets during the second half of 2025. I will then update you with more detail on why we believe we have an operationally stronger business today, before I offer an insight into how we're thinking about the changing world of work. We'll be sure to l...