Nov 12, 2019 / 09:00AM GMT
Robert M. Noel - Land Securities Group plc - CEO & Director
So good morning, everyone, and a very warm welcome to our half year results presentation.
We talked about our direction of travel in May, and most of you attended our London-focused Capital Markets Day in September. So you know we went into the year focused on progressing our development program, improving the mix at our retail destinations, further improving our sector-leading sustainability credentials and innovating in construction products and services. And we've done exactly that, as you'll hear today.
Unsettled politics and a tough retail market have been our backdrop, but as you will have seen this morning, we've produced resilient results. This is due to the quality of our assets and our conservative capital structure, with earnings up marginally and the effects of the decline in retail values on EPRA net assets limited by the diversification of our portfolio in recent years.
Before we get into the meat of the presentation, I just want to remind you of our portfolio breakdown both by sector and geography.
Half Year 2020 Land Securities Group PLC Earnings Call Transcript
Feb 14, 2024
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