S4 Capital plc (SFCAY) Q3 2025 Sales Call Transcript

Financial Performance - Revenue for Q3 was GBP 191.7 million, reflecting a decrease of 1% on a like-for-like basis and 3.4% on a reported basis [2] - Year-to-date revenue reached GBP 552.1 million, down 8.4% like-for-like and 11.1% reported [2] - Net revenue for the quarter was GBP 167 million, down 4.4% like-for-like and 6.9% reported [2] - Year-to-date net revenue was GBP 495.2 million, down 8.2% like-for-like and 10.8% reported [2] Operational Insights - The company anticipates stronger profitability in the second half of the year, particularly in Q4, due to new business wins and cost reduction measures [3] - The workforce, referred to as "Monks," decreased to approximately 6,500, down 5% from 6,900 in June 2025 and down 13% from 7,500 a year ago [3] - The reduction in workforce primarily targeted non-billable roles and aimed at enhancing back-office efficiencies [3] Debt Position - The company closed the period with a net debt of GBP 151 million, which is lower than previous figures [3]