Serko Ltd (SERKF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone, and welcome to the CIRCO conference call. Today's conference is being recorded. At any point during the conference, if you would like to place your line in the queue, you may press the star key followed by the digit 1. Again, that'll be star 1 if you want to ask a question or have a comment. At this time, I would like to turn the conference over to host Darren Grafton. Please go ahead. Thank you for joining this morning. I'm joined today by our CFO, Shane Sampson, and also our Chief Revenue Officer, Liz Fraser. Liz joined Serco at the beginning of this year. Liz has extensive experience, including five years with Air New Zealand, where she was General Manager of Customer, and prior to that, Regional General Manager of the Americas, based in the US. The first part of our presentation, we will use the investor presentation titled Building a Globally Competitive Business at Scale. The second part will use the financial results presentation. We will then answer questions. I draw your attention to the important notice on slide two, and I'll begin on slide three. The size of the opportunity ahead of us is significant. Today's announcement sets out the most compelling path for Serco to achieve its ambition of being a globally competitive business at scale and creating long-term value for our shareholders. Our North American plans announced today expand on our existing operations and are underpinned by the partnership with Sabre and the acquisition of Sabre's Get There. The announcement follows extensive engagement with Sabre and the Get There business including detailed due diligence. In addition, today we're announcing a target investment to deliver innovation and global scale to maximize the opportunities presented by a changing travel market. This wil...