Charter Hall Group (CHC) Q4 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 four-year results 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, Friday the 21st, August 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 thank you for attending FY26 Results Call, which our group CFO, Anastasia Clark, will present with myself. Turning to the group's earnings on slide 4, FY26 has seen CHC deliver operating earnings of $488.1 million, translating to $103.2 per security, representing 26.8% growth over FY25. Today, we're also providing FY27 guidance of approximately $114 per security, representing a further 10.5% growth over FY26, which delivers... a three-year growth of 40% over FY24 to FY27, noting that the FY24 result of 81.4 cents was an inflection year, as I have called out several times. The Group's return on contributed equity increased to 26.4% post-tax, reflecting strong earnings growth, equity inflows and disciplined capital deployments. We continue our long-standing track record of distribution growth, increasing DPS by 6% to 50.7 cents per security and guiding for a further 6% growth in FY27. Group FUM increased $10 billion or 12% from $84.3 to $94.3 billion, whilst Property FUM increased nearly 14% from $66.8 to $76 billion. Net acquisitions, developments, and equity flows accelerated during the year as we have cont...