HARGREAVES SERVICES PLC (HSP) — Capital Markets Day

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a043ef-2ca9-7820-beb5-0acc39717675 Created: 2026-08-27T15:55:50.144Z Duration: 4711.955 Channels: 1 00:00:00.080 -- 00:00:02.719 It's great to see some familiar faces here, 00:00:02.800 -- 00:00:05.040 and I'd like to welcome in particular those 00:00:05.040 -- 00:00:07.680 new friends that we've got who are 00:00:08.240 -- 00:00:09.919 spending the time with us today. 00:00:10.559 -- 00:00:11.200 And 00:00:11.440 -- 00:00:13.280 not forgetting all the folks who are online, 00:00:13.280 -- 00:00:14.799 so thank you for making the effort to 00:00:14.799 -- 00:00:16.085 do that too. 00:00:16.885 -- 00:00:17.525 So 00:00:19.205 -- 00:00:20.885 the team are here today. What we're going 00:00:20.885 -- 00:00:22.645 to do is concentrate on 00:00:22.725 -- 00:00:25.685 two particular areas of our business, 00:00:26.404 -- 00:00:28.165 where we've got some new developments to run 00:00:28.165 -- 00:00:28.805 through with you, 00:00:29.840 -- 00:00:32.560 and where we feel strongly we can grow 00:00:32.560 -- 00:00:34.560 and develop shareholder value, which is what we're 00:00:34.560 -- 00:00:35.200 all about. 00:00:36.080 -- 00:00:38.240 So those of you who are familiar with 00:00:38.240 -- 00:00:39.360 the group will not 00:00:39.760 -- 00:00:42.480 need a reminder that we're organized effectively into 00:00:42.480 -- 00:00:43.120 three 00:00:43.440 -- 00:00:44.560 really clear 00:00:44.825 -- 00:00:45.704 pillars. 00:00:46.265 -- 00:00:48.024 We have a services business. 00:00:48.745 -- 00:00:50.665 We have a land business, and we're deliberately 00:00:50.665 -- 00:00:52.985 not talking about the land business today. We 00:00:52.985 -- 00:00:54.184 have no particular 00:00:54.184 -- 00:00:55.065 surprises 00:00:...