Glenveagh Properties PLC (GLV) Q4 2025 Earnings Call

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WEBVTT 00:00:00.183 -- 00:00:05.590 So, hello and welcome to the Glenvee full-year results 2025 results 00:00:05.590 -- 00:00:10.337 conference call. Please note, this conference is being recorded, and for the duration 00:00:10.337 -- 00:00:13.221 of the call, your lines will be on listen-only mode. 00:00:13.221 -- 00:00:17.186 However, you will have the opportunity to ask questions at the end of the call. 00:00:17.186 -- 00:00:22.313 This can be done by pressing pound key 5 on your telephone keypad to enter the queue. 00:00:22.313 -- 00:00:27.540 I will now hand you over to your host, Stephen Garvey, CEO of Glenvee, to begin today's 00:00:27.540 -- 00:00:30.802 conference. Please go ahead. 00:00:30.929 -- 00:00:32.853 Good morning, everyone, and thank you, Zach. 00:00:32.853 -- 00:00:35.599 I'm Stephen Garvey, CEO of Glenvale Properties. 00:00:35.599 -- 00:00:40.088 I'm joined today by my colleagues, Conor Merkter, our CFO, and Kate Halliday in Investor 00:00:40.088 -- 00:00:44.564 Relations. Thank you for joining our full year 2025 results call. 00:00:44.564 -- 00:00:48.570 This morning, firstly, I'll walk you through our full year's strategic and operational 00:00:48.570 -- 00:00:53.437 highlights, the market, the policy context, and how our strategy is performing in home 00:00:53.437 -- 00:00:56.221 building, partnerships, land, and innovation. 00:00:56.221 -- 00:01:00.126 After that, Conor will take you through the financials and capital allocation, and I'll 00:01:00.126 -- 00:01:03.972 return to the outlook on closing remarks. As always, we'll leave plenty of time for any 00:01:03.972 -- 00:01:06.518 of your questions at the end. 00:01:06.518 -- 00:01:10.302 To begin, let's turn to slide four with the headline numbers for the full year. 00:01:10.302 -- 00:01:15...