Full Year 2025 Argosy Property Ltd Earnings Call Transcript

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May 21, 2025

May 20, 2025 / 10:00PM GMT
Operator

Thank you for standing by, and welcome to the Argosy Property Limited FY25 annual results briefing. (Operator Instructions)

I would now like to hand the conference over to Mr. Peter Mence, CEO. Please go ahead.

Peter Mence - Argosy Property Ltd - Chief Executive Officer

Thank you. Thanks for joining us this morning for the summary of the financial-year results. Aware that we're not the only result that you might be trying to cover today, so we'll try to keep to the highlights and be reasonably succinct.

Overall, we are pleased with the way the business has come through what's been a relatively challenging year. Occupancy remains challenged in terms of profitability and in terms of costs, specifically, and of course, by the confusion generating a lack of confidence with the U.S. taking a good share of the blame for that. Uncertainty also domestically with central government changes and personnel manpower and in policy, both with seismic, albeit that's okay for us, depreciation and cost control measures. The property investment market remains

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