Caledonia Investments plc (CLDN) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and thank you for joining us today for Caledonia Investments PLC full year results presentation. The presentation will commence shortly. A copy of the presentation slides is also available to download from the results centre on Caledonia's website www.caledonia.com. After the presentation we'll conduct a Q&A session. If you wish to ask a question you'll be able to do so either through the Zoom webinar link provided separately or or by submitting written questions using the Ask a Question button on the Spark Live webcast page. Please note that this call is being live streamed to a webcast for a wider audience and will be recorded. I would now like to hand it over to Matt Masters, Chief Executive Officer, to open the presentation. Please go ahead. Hello. I'm Matt Masters, CEO of Caledonia Investments, and welcome to our results presentation for our year-ended 31st of March, 2026. Before I get to the results, I'd like to take a moment to update you on two changes to our board. Will Wyatt has been appointed as successor to David Stewart as chair. Many of you know Will. He successfully led Caledonia as chief executive for over a decade until becoming a non-executive director in 2022. He is also a member of the Kayser family and brings a deep understanding of Caledonia's culture, investment strategy and long-term approach. I'd like to thank David for his support and counsel throughout his tenure. In addition, after a little over four decades of service, Charles Kayser has decided not to stand for re-election at the AGM. Charles has helped guide strategy, and played a key part in creating Caledonia's unique culture, both as an executive and, latterly, as a non-executive director, which omits its wisdom and experience. And now on to the results. The pas...