Nick Delfas

Good morning, and welcome, everyone, to BT Group's Results Presentation for the Full Year ended 31st of March 2026. Presenting today are Allison Kirkby, BT Group's Chief Executive; and Simon Lowth, BT Group's CFO.

Following the presentation, there will be a question-and-answer session. I would like to make everyone aware that this event is being recorded for replay purposes. And before we start, I'd like to draw your attention to the forward-looking statements caution in the presentation and press release for examples of the factors that could cause actual results to differ from any forward-looking statements we may make. Both the press release and the presentation can be found on our website.

With that, I'll now hand over to Allison.

Allison Kirkby
CEO & Director

Thank you for that AI generation from Nick Delfas. Good morning, everyone, and welcome to our full year results presentation. Thank you to all of you who have managed to join us in the room and also to those of you online.

I'm going to start with an update on our strategic progress over the past year, then Simon will take you through our financials. And after that, we'll share our plans and our outlook for the year ahead. We'll, of course, take all of your