Operator
Women and gents, welcome to the Preliminary Outcomes 2025 Convention Name. I am Lorenzo, the Refrain Name operator. [Operator Instructions]
The convention is being recorded. [Operator Instructions] The convention should not be recorded for publication or broadcast.
Right now, it is my pleasure handy over to Mike Morgan, Group Chief Govt. Please go forward.
Mike Morgan
Group CEO & Govt Director
Thanks, Lorenzo, and good morning, and welcome to the presentation of Shut Brothers 2025 Preliminary Outcomes. I am going to start with an summary of the 12 months. After that, I’ll hand over to Fiona McCarthy, our Group CFO, who will stroll you thru our monetary efficiency, after which I am going to return to replace you on our strategic priorities and wrap up the presentation. We’ll be joyful to take your questions afterwards, each through the phone convention line and over the webcast. You’ll be able to submit your questions both throughout or after the presentation.
This 12 months has proven that change is feasible and that we will transfer at tempo. We have strengthened our capital place, reshaped the portfolio and addressed legacy points. Our efficiency demonstrates the resilience of our enterprise mannequin and the impression of those actions. We’re additionally inspired by the expansion alternatives throughout our chosen markets, which I am going to contact on shortly.
We considerably strengthened our capital place with over GBP 400 million of CET1 capital generated or preserved since March 2024. On the thirty first
