Charter Hall Group (CHC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by and welcome to the Charter Hall Group 2026 half year resource briefing. At this time, all participants are in a listen only mode. There will be a presentation followed by a question and answer session, at which time if you wish to queue for a question, you will need to press star 11 on your telephone keypad and wait for your name to be announced. Please note that this conference is being recorded today, Thursday, the 19th, February 2026. I would now like to hand the conference over to your host today, Mr David Harrison, Managing Director and Group Chief Executive Officer. Thank you. Sir, please go ahead. Good morning and welcome to Charter Hall Group's first half FY26 results. Joining me today are Sean McMahon, our Chief Investment Officer, and Anastasia Clark, our Chief Financial Officer. Today I will provide an overview of the highlights of the very active last six months. and then cover the usual funds under management, equity flows, valuations, operating environment and finish with our property investment balance sheet portfolio. Sean then will take you through development activity and our sustainability initiatives, followed by Anastasia with the financial highlights. We'll conclude with our outlook and Q&A. Turning to the group's highlights. Operating earnings for the half were 239 million, or 50.5 cents per security, reflecting continued momentum across every segment of the business. This strong performance underpins today's upgrade to FY26 guidance to 100 cents per security, representing 23% growth over FY25. Return on contributed equity continues our multi-year trend. of generating above 20% returns, which has increased to 23.1% post-tax and over 28% pre-tax. FY26 also marks the 15th anniversary of consistent d...