Picton Property Income Limited (PCTNF) Discusses Quarterly Financial Results, Portfolio Valuation Movements and Market Outlook Transcript

SA Transcripts158.42K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Picton Property Income Limited (PCTNF) Discusses Quarterly Financial Results, Portfolio Valuation Movements and Market Outlook February 12, 2026 5:00 AM EST Company Participants Michael Morris - CEO & Executive DirectorSaira Johnston - CFO & Executive Director Presentation Operator Good morning, and welcome to the Picton Property Income Investor Presentation. [Operator Instructions] I'd like to submit the following poll. I'd now like to hand you over to Michael Morris, CEO. Good morning, sir. Michael MorrisCEO & Executive Director Good morning, and thank you, everyone, for dialing in and listening to our update presentation for the quarter to December this morning. For those that don't know me, I'm Michael Morris, I'm the Chief Executive at Picton. Saira JohnstonCFO & Executive Director Saira Johnston, Picton Chief Financial Officer. Michael MorrisCEO & Executive Director So in terms of today, this is quite a short update quarterly update for the period. Saira will talk to the financial results. I'll give some thoughts on the U.K. property market by way of background, and then we'll dive into the portfolio, the activity and then give some thoughts on outlook where we're focused, et cetera. And then there'll be the opportunity as indicated for Q&A after that. Saira JohnstonCFO & Executive Director So moving on to the financial update. In terms of the highlights for the quarter, we've continued to see positive earnings and positive total return for the 3 months and 9-month period. And really, there's been a continuation of the themes that we talked about at the interims in terms of continued valuation movements and accretion through our share buyback program. So for the 9 months, we're reporting profit after tax of GBP 22.5 million and a total return of 5.3%. From an earnings per share perspective, earnings per share for the 9-month period