Hammerson PLC (STU:H2V)
€ 3.453 -0.008 (-0.23%) Market Cap: 1.70 Bil Enterprise Value: 3.02 Bil PE Ratio: 0 PB Ratio: 0.76 GF Score: 73/100

Half Year 2021 Hammerson PLC Earnings Call Transcript

Aug 05, 2021 / 08:30AM GMT
Release Date Price: €4.11 (-1.86%)
Rita;Rose Gagne
Hammerson plc - CEO & Executive Director

Good morning, everyone, and thanks for joining us today for this half year results presentation and strategy update. There will be 3 main parts to the presentation today. First, I will give you an update on what we said we would do at the full year and what we have achieved in the first half. Next, our new CFO, Himanshu Raja, will take you through the numbers. And then I will come back to you to update you on the strategy and our priorities looking ahead. We'll do questions at the end.

Before starting, I will make a few high-level comments without any slides. First, the backdrop. Our trading environment has remained tough, as you know. We've had long periods of restrictions. These have partly eased towards the end of first half. We've not been helped by the U.K. government's inexplicable stance towards landlords by extending the moratorium into 2022 nor by failing again to address the inequality of business rates. Secondly, on our priorities, we have remained focused on collection, leasing and asset management, which

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