BARRATT REDROW PLC ADR (OTCPK:BTDPY) Q4 2025 Earnings Call September 17, 2025 3:30 AM EDT Company Participants John Messenger - Group Investor Relations Director David Thomas - Group CEO & Executive Director Michael Scott - CFO & Executive Director Conference Call Participants William Jones - Rothschild & Co Redburn, Research Division Aynsley Lammin - Investec Bank plc, Research Division Christopher Millington - Deutsche Bank AG, Research Division Ami Galla - Citigroup Inc., Research Division Clyde Lewis - Peel Hunt LLP, Research Division Charlie Campbell - Stifel, Nicolaus & Company, Incorporated, Research Division Allison Sun - BofA Securities, Research Division Alastair Stewart - Progressive Equity Research Limited Marcus Cole - UBS Investment Bank, Research Division Presentation John Messenger Group Investor Relations Director Great. Good morning, everybody.