Full Year 2023 SEGRO PLC Earnings Call Transcript

Feb 16, 2024 / 08:30AM GMT
David John Rivers Sleath - SEGRO Plc - CEO & Executive Director

All right. Good morning, everybody. Welcome to SEGRO's Full Year 2023 Results Presentation. Thank you all for taking the time to join us here in the room or online. Now the observant of you will have noticed that Soumen is not here in the room with us. You can't see him yet, but he will be looming large on the screen above us all. And I can tell you that this is the first, but definitely won't be the last reference today that I make to COVID-19. But Soumen, I hope you all are feeling okay and get well soon.

As usual, I'm going to make a few opening remarks before we go into the body of the presentation, and we will finish with Q&A. Now it was the macro environment that dominated headlines during 2023 as the world adjusted to higher interest rates and try to predict when they were going to settle. And in fact, as we know, it was only in the last few weeks of the year that the folks started to clear and markets gained confidence that we were nearing the end of the rate hike cycle, started turning their focus instead to when we

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