Tritax Big Box REIT plc (BBOX) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and thank you for joining us. With me this morning are Aubrey Adams, the chairman of Tritax Big Box, and Colin Godfrey and Frankie Whitehead, the CEO and CFO. We are very pleased to be announcing our results for the full year ended 31st of December 2024. As always, this presentation is being recorded and a replay and transcript will be made available on our website shortly afterwards. There will also be an opportunity for investors and analysts to ask questions to the team at the end of the presentation. You can do this through the webcast or via the phone using the details in this morning's announcement. In the interest of time, we will try and aggregate similar questions we receive through the webcast. I'll now hand you over to Aubrey to begin this morning's presentation. Good morning and thank you for joining us today. As we outlined in our announcement this morning, 2024 was a transformational year for Tritac's big box. We delivered significant strategic progress and in parallel excellent operational and financial performance. As Colin and Frankie will outline in more detail, the integration of the assets we acquired through UKCM has proceeded well and we're working quickly to capture the value it creates. Operationally, development and active management have driven strong earnings growth supporting attractive dividend progression and there is much more to come that is embodied within our business. In addition to logistics, we now have a pipeline of data center opportunities, thanks to the manager's power-first approach, with the potential to deliver exceptional returns for our shareholders. As a board, we've been very engaged with the manager in evaluating these opportunities over the course of the year. I'd like to take this opportunity to thank my...