Dexus Convenience Retail REIT (ASX:DXC)
A$ 2.95 0 (0%) Market Cap: 406.38 Mil Enterprise Value: 647.67 Mil PE Ratio: 122.91 PB Ratio: 0.83 GF Score: 73/100

Full Year 2024 Dexus Convenience Retail REIT Earnings Call Transcript

Aug 12, 2024 / 12:00AM GMT
Release Date Price: A$2.82 (+1.08%)
Jason Weate
Dexus Convenience Retail REIT - Fund Manager

Thank you and good morning, everyone, joining me on the call. I'm Jason Weate, Fund Manager of Dexus Convenience Retail REIT, and I'm pleased to be delivering the 2024 full year results. I'd like to start proceedings by acknowledging the traditional custodians across the many lands on which we operate across Australia. We pay our respects to their elders past and present and remain committed to supporting reconciliation across our business.

Today, I will touch on DXC's investment proposition, key highlights for the period, the financial outcomes as well as trends we are seeing in the broader market. DXC's investment proposition is to provide investors with defensive income with embedded growth through the cycle. We deliver this firstly by enhancing portfolio metrics that deliver high income certainty and growth. Secondly, we maintain a prudent capital structure having regard to the broader macroeconomic environment and property valuation cycle. And thirdly, we take an active but disciplined approach to portfolio management, including the

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