Half Year 2025 Balwin Properties Ltd Earnings Call Transcript

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Oct 28, 2024

Oct 28, 2024 / 08:00AM GMT
Stephen Brookes - BALWIN PROPERTIES LTD - Chief Executive Officer, Executive Director

Good morning, ladies and gentlemen, to a pre-recorded presentation of results for the six months ended 31st of August 2024.

Before we start, please remember to send through your questions as we progress with the presentation, as there will be a live question and answer session afterwards, with me is our CFO Jonathan Bigham who will run us through the numbers and Razziq Ismail head of legal and annuity who will take us through the performance of the annuity businesses before we unpack our numbers. I think it's important to give some context to our operating environment for the first six months of the financial year.

Sentiment is a key driver of the residential property market, and we saw several positive catalysts materializing during the reporting period. High expectations of interest rate cuts improved confidence following the formation of the government of national unity, the continued availability of electricity and a series of fuel price cuts. Although these factors position us well for recovery in

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