Glenveagh Properties PLC (GLV) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the Glenvar Properties PLC 2024 Full Year Results Call. Please note this conference is being recorded and for the duration of the call, your lines will be on listen only. However, you will have the opportunity to ask questions at the end of the call. This can be done by pressing star 1 on the telephone keypad to register your question. If you require assistance at any point, please press star 0 and you will be connected to an operator. I will now hand you over to your host, Stephen Garvey, CEO, to begin today's conference. Thank you. Thank you, and good morning to everyone on the call. My name is Stephen Garvey, and I'm CEO of Glenveig, and I'm joined today by my colleague and Glenveig CFO, Conor Murtaugh. I'd like to thank you all for taking the time to join our conference call, which relates to our full year 2020 results statement released today. This morning, I'm going to focus on the front end of the deck up to slide 16, and Conor will talk to the financials. We want to give you a clear picture of the most important moving parts in the business and how delivering against our building better strategy has resulted in strong performance. We will also provide context on the environment that we operate in, and of course, allow plenty of time to answer any questions you may have at the end. I would like to draw your attention to the forward-looking statements included at the end of today's presentation. Let's begin on slide four, highlighting the strong performance in 2024 which delivered record financial operational milestones for the company. We're extremely pleased to have delivered 2,450 new homes last year, a record revenue of 869 million and an improved gross margin of 21.2%. Our market enjoys excellent fundamentals, but our achievements are ...