Serko Ltd (SERKF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the 2024 SERCO full year results conference call. Today's conference is being recorded. At this time, I would like to turn the conference over to Darren Grafton, Chief Executive Officer of SERCO. Please go ahead, sir. Thank you for joining this morning. I'm Darren Grafton, the CEO of SERCO, and I'm with Shane Sampson, our CFO. Before we get underway, I draw your attention to the important information on slide two. We're going to give a short presentation on the results, and then we're happy to take questions. I'll begin on slide five. At Serco, we've had an increased focus on successful execution, and in FY24, this delivered material progress on our priorities and, in turn, strong financial outcomes. This took place in an often complex and uncertain external environment. In FY24, we continued to realize the growth opportunity. Our renewed partnership with Booking.com for a further five years, as we announced on the 30th of April, is a major milestone, providing a strong foundation for future global growth and scale. We've already commenced the plans in place for the next phase of our growth under the partnership, and I'll provide more detail on this later in the presentation. We've also seen new growth in Australasia and have strengthened our market position. Underpinning Serco's progress has been a deliberate and sustained shift in how we operate. We are seeing benefits from a strengthened leadership and expertise, a scalable operating model, and targeted investment to support innovation and growth. Today, Serco is a more robust and dynamic business as we pursue the next phase of our strategy. Turning to slide six, with the financial outcomes from our FY24 delivery, total income was $71.2 million, the same as the unaudited result released on ...