Matt Masters
Chief Executive Officer
Replay available
Caledonia Investments plc (LSE: CLDN) Q2 2026 earnings conference call, held 2025-11-25. Replay captured from the company's public earnings webcast.

Chief Executive Officer
Chief Financial Officer
Analyst, Stifel
Analyst, Peel Hunt
Investor Relations
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WEBVTT 00:00:00.031 -- 00:00:04.738 Good morning, everyone, and thank you for joining us today for Caledonia Investments 00:00:04.738 -- 00:00:07.762 PLC half-year results presentation. 00:00:07.762 -- 00:00:12.369 The presentation will commence shortly. After the presentation, we will conduct a Q&A 00:00:12.369 -- 00:00:17.276 session. If you wish to ask a question, you'll be able to ask a question either through 00:00:17.276 -- 00:00:22.383 the Zoom webinar link provided separately or by submitting written questions using the 00:00:22.383 -- 00:00:26.407 Ask a Question button on the SparkLive webcast page. 00:00:26.407 -- 00:00:31.159 Please note that this call is being live streamed to a webcast for a wider audience and 00:00:31.159 -- 00:00:32.923 will be recorded. 00:00:32.923 -- 00:00:37.996 I would now like to hand over to Matt Masters, Chief Executive Officer, 00:00:37.996 -- 00:00:42.041 to open the presentation. Please go ahead. 00:00:50.234 -- 00:00:56.229 Hello, I'm Matt Masters, CEO of Caledonia Investments, and welcome to our results presentation 00:00:56.229 -- 00:01:00.415 for our half year to 30th September 2025. 00:01:00.701 -- 00:01:05.774 You will also hear from Tom Leder, who leads our private capital strategy, and Rob Memmott, 00:01:05.774 -- 00:01:08.088 our Chief Financial Officer. 00:01:08.088 -- 00:01:12.964 Before we go through the results, a short reminder about Caledonia. 00:01:12.964 -- 00:01:17.940 We are long-term stewards of our shareholders' capital, including the Kayser family, 00:01:17.940 -- 00:01:21.773 who have entrusted us with theirs for generations. 00:01:21.773 -- 00:01:25.879 Looking after multi-generational capital shapes everything we do. 00:01:25.879 -- 00:01:30.846 We need to make returns, but do so whilst limiting the ...