Tikehau Capital (0RP0) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Thank you for being with us today. Today is about three words, acceleration, profitability, and value creation. And everything we'll discuss this morning will connect back to these three priorities. I'm Theodore Aksu, head of investor relations for TKO Capital, and I'm delighted to be hosting today's full year results and strategic update. So today, you'll hear from our two co-founders, Antoine Flammarion and Mathieu Chabron, our deputy CEOs, Henri Marcoux Thomas Fribergé and Maxime Laurent Bellu, and our group CFO, Vincent Picot. So a little bit of housekeeping element on the flow of this session. So we'll first start with a look on TKO Capital key achievements for 2025, and then open the floor for a first session of Q&A dedicated to our annual results. We'll then take a short break to allow everybody to refresh, to grab a coffee, before moving into our strategic update. Then you'll hear first from Thomas, who will share his perspectives on opportunities shaping the next decade. Then we'll have Maxime hosting a fireside chat with our co-founders discussing accelerating profitability across asset management. Then we'll have our co-founders and Henri. provide insights on our evolving approach to balance sheet allocation before taking us through the harvesting phase TKO Capital is now entering and providing more details on profitability drivers and value creation framework. We'll then host a second session of Q&A dedicated to our strategic update. With that, it's my pleasure to welcome to the stage Mathieu Chabron, co-founder for Opening Remarks. Thank you, thank you Theo. Welcome, welcome everyone here in London and welcome for all the people who dial in on the webinar, the webcast. I hope that you can hear us okay, you got all the ...