Life Healthcare Grp Hldgs (LTGHF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

greetings and welcome to the life healthcare annual results presentation at this time all participants are in a listen only mode a brief question and answer session will follow the formal presentation if anyone should require operator assistance during the conference please press star then zero on your telephone keypad as a reminder this conference is being recorded It is now my pleasure to introduce your host, CEO of Life Healthcare, Mr. Peter Wharton-Hood. Please go ahead, sir. Thank you, ma'am, and good morning, ladies and gentlemen. Welcome to Life Healthcare's summarized group results for the year of 2025. I'll start with an opening comment that the overall performance of the group was very strong operationally, and we had good activity growth for the 12 months under review. That's recorded in a PPD growth of 1.1%, an overall occupancy for the year of 69.7%. Pleasingly, in the second half of the year, we hit the magical 70% occupancy mark. Strong revenue growth under the prevailing conditions of 6%. normalized earnings per share from continuing operations just above 10%, and Peter will explain in due course the accounting complexities that have arisen from the very successful sale of LMI and how that has been included in the results. Very strong cash generation for the 12 months, 119.6% of EBITDA, And as you've become accustomed to in the last 12 months, good dividends performance for shareholders. Our final dividends up 12% to 56 cents per share, which including the special dividend during the course of the year, takes us to just over 281 cents per share. Our strategy is taking shape. Over the last five years, geographically, we've become more focused. Operationally, we've become more specific. And as we outlined at the half year, we are talking in this busines...