Anthony Kirby
Group Chief Executive
Replay available
Serco Group plc (LSE: SRP) Q4 2025 earnings conference call, held 2026-03-05. Replay captured from the company's public earnings webcast.

Group Chief Executive
Group CFO
Analyst, Citi
Analyst, Deutsche Bank
Analyst, Peel Hunt
Analyst, Berenberg
Analyst, Investate
Analyst, JP Morgan
Analyst, RBC
Analyst
Good morning everyone and thank you for joining us for the presentation of Serco's 2025 full year results. I'm Anthony Kirby. I'm the group chief executive and I'm extremely proud to lead what I believe is one of the best companies in the world. My more than 50,000 great colleagues deliver mission critical services in some of the most demanding environments globally. and their commitment, skill and resilience continues to inspire us every day. Nigel Crossley, our Group CFO, and I are delighted to be able to present the strong set of results on their behalf. But before we begin, it would be remiss of me not to recognise Nigel's outstanding contribution to Serco at this stage. more than 11 years of dedicated service, as well as five as the group chief financial officer. And on behalf of the board, the executive committee and all of his colleagues across Serco, I want to offer my sincere thanks and wish you, Nigel and Lorraine, a very happy, long and safe retirement. I'd also like to take this opportunity to introduce Mark Reid, who is with us in the room this morning, who will succeed Nigel as the group CFO, joining the board in the coming days. But before we go on, I must refer you to the disclaimer, which is in the presentation pack. As ever, the running order will start with me giving you an overview of our 2025 performance, the key themes that shape the year, the highlights and the progress that we've made, and the momentum that we're carrying into 2026. I'll then hand over to Nigel, who will take you through the financials in more detail. And after that, I'll return to talk about how we're sharpening Serco's strategic focus and strengthening our platform for future delivery. We'll then open up for Q&A. So let me begin with an overview of what has been a strong yea...