Londonmetric Property Plc (LNSPF) Q4 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Londonmetric Property Plc.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.439 Morning, ladies and gentlemen, and welcome to London Metrics full year results 00:00:05.439 -- 00:00:09.763 for the period ending the 31st of March 2025. 00:00:10.247 -- 00:00:12.070 Usual 00:00:12.070 -- 00:00:16.637 arrangement this morning, I'm going to start with an overview of 00:00:16.637 -- 00:00:22.285 the year gone, go through some of the highlights of the financials. 00:00:22.285 -- 00:00:24.849 I'll get all the good numbers out of the way. 00:00:24.849 -- 00:00:29.657 I'll pass over to Martin. And he can take you through the detail and hopefully keep you 00:00:29.657 -- 00:00:34.200 interested. And then I'll come back and 00:00:34.942 -- 00:00:36.964 talk about the 00:00:36.964 -- 00:00:40.347 market and the activity that we've executed 00:00:40.347 -- 00:00:45.012 before finishing up with our thoughts for the period ahead, both at a sector level but 00:00:45.012 -- 00:00:49.134 also at a portfolio level. 00:00:49.837 -- 00:00:55.780 We'll then open up for Q&A, both in the room and on the phones. 00:00:56.225 -- 00:01:02.030 So if we start with an overview of the last 12 months, the companies continue to build 00:01:02.030 -- 00:01:06.495 a leading portfolio of triple net income assets. 00:01:06.495 -- 00:01:11.599 The portfolio is up at just under 6.2 billion and continues to demonstrate exceptional 00:01:11.599 -- 00:01:13.880 income characteristics. 00:01:14.042 -- 00:01:17.863 Some strong numbers with an earnings per share up 21%. 00:01:17.865 -- 00:01:22.850 This allowed us to progress our dividend for the 10th year in succession, which is now 00:01:22.850 -- 00:01:25.170 up 18%. 00:01:25.182 -- 00:01:30.511 And we continued to capture the cost synergies that we said we would 00:01:30.511 -- 00:01:35.018 this time l...