IP Group Plc (IPZYF) Q2 2026 Earnings Call Transcript

IP Group Plc ( IPZYF ) Q2 2026 Earnings Call September 15, 2026 5:00 AM EDT Company Participants Gregory Smith - CEO & Executive Director David Baynes - Chief Financial & Operating Officer and Executive Director Presentation Operator Good morning, ladies and gentlemen, and welcome to the IP Group plc Half Year Results Investor Presentation. [Operator Instructions] The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and we'll publish responses where it's appropriate to do so. Before we begin, as usual, we would just like to submit the following poll. And if you'd give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to CEO, Greg Smith. Greg, good morning, sir. Gregory Smith CEO & Executive Director Good morning, Jake. Thank you very much, and welcome, everyone, to IP Group's 2026 Half Year Results Presentation. And thanks very much to all the Investor Meet Company team and Mark for hosting today's session. Much appreciated, as always. For those of you who don't know me, I'm Greg Smith, I'm the Chief Executive of IP Group. With me today is David Baynes, our Chief Financial and Operating Officer. We deliberately tried to keep today's presentation a bit shorter and more focused at the half year after all. So I will cover the half year highlights and progress across the portfolio and our strategic priorities. I'll get DB to take you through the financials before I return to summarize. And then, of course, there will be time for questions. And I would say the headline for today's results is that we have carried the momentum that we had from 2025 into 2026 with further NAV per share growth, strong cash