...Good morning, ladies and gentlemen, and welcome to Berkeley results presentation for the year ended April 30, 2025. I am Rob Perrins, Chief Executive of the Berkeley Group. I will cover four areas today. Firstly, Berkeley has delivered a strong performance with our results in line with guidance and on track for full year 2026. Secondly, Government policy is increasingly supportive and the planning environment is improving. We welcome the positive steps taken so far, but there remains some key challenges to resolve if we are to realize the universally held ambition of increasing housing supply. These include accelerating the completion of Section 106 agreements and clearing pre-commencement conditions as well as speeding up the Building Safety Regulator's new Gateway approval system. Thirdly, we announced in December our new 10-year strategy, Berkeley 2035. And we have made excellent start, laying down the foundations for delivering shareholder value over the long term. I'm particularly...
