May 20, 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 our results for the financial year ended February 29, 2024. Before we kick off, please remember to send through your questions as we progress with the presentation, as there will be a live Q&A answer session afterwards. With me is Jonathan Bigham, our CFO, who will run us through the numbers; and Raaziq Ismail, Head of Legal and Annuity, who will take us through the performance of the annuity businesses.
Operational overview. At the time of our half-year presentation at the end of October last year, there was reasonable optimism in the market that interest rates would come down. Some market commentators speculated it would be as soon as March 2024, whilst the consensus was at least be June 2024, we'd see some respite. I don't have to tell you how that turned out.
Before we unpack our numbers, I think it's important to give some context to our operating environment over the past six months. Near-term interest rate headwinds remain,
Full Year 2024 Balwin Properties Ltd Earnings Call Transcript
May 20, 2024
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