PPHE HOTEL GROUP LIMITED (PPH) — Annual Results for the year ended 31 December 2025

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the PPHE HOTEL GROUP 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 announced a strategic review in November 2025, which remains ongoing. And as a result, management may not be in a position to answer all of your questions today. Before we begin, as usual, we would just like to submit the following poll. And if you could give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to the team from PPHE HOTEL GROUP. Greg, good morning, sir. Good morning. Thank you, Jake. So good morning, and welcome to our twenty twenty five full year annual results. I'm Greg Hegarty, co CEO of the PPHE HOTEL GROUP. I'm joined today by Daniel Kos, our CFO, and Robert Henke, our EVP of commercial. 2025 was another solid financial strategic year of progress. We delivered a great result despite a volatile macro environment. But before we go a little deeper, I think it would be good just to share with you a few highlights of the year. Good morning, everyone. I just wanted to spend a few minutes introducing PPHE HOTEL GROUP, if you're not familiar with our company. We are a real estate company active in the hospitality industry. And what makes us unique in the hospitality industry is that we have our own integrated operating platform. So what we do as a business is we we own properties. We develop assets. We also operate the the products when they are delivered. We were first created in 1989 and have been listed on the London Stock Exchange since 2007. We are currently included in the FTSE two fifty and...