Half Year 2019 Hammerson PLC Earnings Call Transcript
All right. We'll make a start. Good morning, everyone. Thanks for coming along this morning. My name is David Atkins, and I'm Hammerson's Chief Executive. So today, I will give you my perspective on the first half; then Timon, our CFO, will drill down into the numbers. After which, I will provide you with some more detailed analysis, in particular what's happening in U.K. flagship rental income as well as reviewing our diverse portfolio. Then, of course, we'll be happy to take your questions as usual.
Now in line with the extra disclosure, we gave you the first at the full year, we have maintained that level of transparency and in many areas, we have gone even further.
So as you're aware, we are operating in a challenging environment. U.K. retail continues to grab its fair share of negative headlines. However, in spite of this, we are performing as we anticipated and delivering on our clear strategy. Our #1 priority remains to reduce debt. We said we would achieve over GBP 500 million of disposals in 2019. And even in this tough
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