Stockland (SGP) Q4 2026 Earnings Call

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WEBVTT 00:00:00.051 -- 00:00:04.352 Welcome to Stockland's FY26 result briefing. 00:00:04.352 -- 00:00:09.273 There will be a formal presentation followed by a Q&A session. 00:00:09.273 -- 00:00:14.614 I will now hand over to Tarun Gupta, Managing Director and CEO, for opening 00:00:14.614 -- 00:00:16.614 remarks. 00:00:16.974 -- 00:00:22.215 Good morning and thank you for joining Stockland's full year 2026 financial results 00:00:22.215 -- 00:00:24.075 update. 00:00:24.075 -- 00:00:27.826 Joining me today is Josh McCutcheson, our CFO. 00:00:27.826 -- 00:00:32.908 And joining us for Q&A will be Kylie O'Connor, CEO Investment Management, 00:00:32.908 -- 00:00:36.768 and Andrew Whitson, CEO of Development. 00:00:38.049 -- 00:00:43.171 Before we begin, I'd like to acknowledge the traditional owners and custodians 00:00:43.171 -- 00:00:48.352 of the land on which we meet, the Garigal people of the Euronation, and pay my respects 00:00:48.352 -- 00:00:51.893 to elders past, present, and emerging. 00:00:52.414 -- 00:00:57.526 Over the last five years, our focus has been on reshaping our portfolio 00:00:57.526 -- 00:01:04.148 embedding additional growth pathways and positioning the business for sustainable performance. 00:01:04.330 -- 00:01:10.213 This time last year, we said that FY26 would mark an inflection point 00:01:10.213 -- 00:01:14.474 in both activity levels and strategic delivery. 00:01:15.215 -- 00:01:20.598 In this result, you will see that we have not only achieved this objective, 00:01:20.598 -- 00:01:25.840 but have done so in a rapidly changing macroeconomic environment. 00:01:25.873 -- 00:01:31.237 Looking forward, we are confident that the strength of our multi-sector platform 00:01:31.237 -- 00:01:36.801 can provide further growth as the residential mark...