Londonmetric Property Plc (LNSPF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Right. Morning, ladies and gentlemen. I see so many of you here. Actually, there's one, two spare seats. That's pretty impressive. I don't need a bigger room next year. I said as long as it's free. So welcome to London Metrics full year results for the period ending 31st of March 2024. As usual, I'll start with a couple of slides, highlights over the period. I'll pass over to Martin and give you a run through the financial review, going into numbers that I haven't covered in more detail. I'll then come back and talk about the portfolio, its evolution. opportunities, and also then talk about the outlook of how we see the period ahead, both from a market perspective and also from a company perspective. I thought I'd start actually by, I read something last night that obviously caught my attention, which I thought summed up my thoughts about the last 12 months. And actually it was a quote from the Real Madrid manager, following Saturday's win in the Champions League. We suffered a bit in the first half, but in the second we were better. And overall, we ended up as the winners and we are happy. Some of it applies to us, but it grabbed my attention. So, Overview of what's happened for us over the last 12 months. It's been a transformational year following our various M&A transactions with both LXI and CTPT deals. And that has helped us create what we think we have today is a wonderful company with a portfolio of, as you can see there, of around about £6 billion. And so whilst the company has got bigger, I should just mention that we still think that our approach will remain the same, and that is to pivot the portfolio to the strongest thematics, and that will be something we'll touch on regularly throughout this presentation. Our focus is on triple net and growing our inc...