IP GROUP PLC (IPO) — Half Year Results 2026

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the IP GROUP PLC half year results investor presentation. Questions are encouraged. They can be submitted at any time via the q and a tab that's just situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and will publish our responses where it's appropriate to do so. Before we begin, as usual, we would just like to submit the following poll. And if you'd give that your kind attention, I'm sure the company would be most grateful. And I'd now like to hand you over to CEO, Greg Smith. Greg, good morning, sir. Good morning, Jake. Thank you very much, and welcome everyone to IP GROUP's twenty twenty six half year results presentation. And thanks very much to all the investor me company team and Mark for hosting today's session. Much appreciated as always. For those who don't know me, I'm Greg Smith. I'm the chief executive of IP GROUP. With me today is David Baines, our chief financial and operating officer. We deliberately tried to keep today's presentation a bit shorter and more focused. It's the half year after all. So I will cover the half year highlights and progress across the portfolio and our strategic priorities. I'll get DB to take you through the financials before I return to summarize, and then, of course, there will be time for questions. And I would say the headline for today's results is that we have carried the momentum that we had from 2025 into 2026 with further NAV per share growth, strong cash realizations, and as I hope we will demonstrate, broad based portfolio progress. As usual, the di...