SAGA PLC (SAGA) — Preliminary results for the year ended 31 January 2025

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the SAGA PLC Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged. They can be submitted at any time via the Q and A tab that's just situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today, and we'll publish those responses where it's appropriate to do so on the Investor Meet company platform. And before we begin, as usual, we would just like to submit the following poll. And if you could give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to the executive management team from SAGA PLC. Mike, good morning, sir. Thanks, Jake. Morning, everybody, and welcome to SAGA's results for the year ended 01/31/2025. Gonna take you through some slides that we took the city through yesterday. It'll be an abbreviated set of slides, so I'd encourage you to have a look at the full materials that are available on our website. But in the meantime, hopefully, you'll get a good summary today. I'm joined today by Mark Watkins, our group CFO. So let's get on with the presentation. So this has been a transformational year for SAGA. We've delivered strong financial performance, but we've also taken significant strategic action to fundamentally change the shape of our business. As a result, we're in a better position than we've been for many years, delivering long term and sustainable growth. We've reported growth in underlying profit ahead of our previous guidance and continued net debt reduction a...