AGL Energy Limited (AGL) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Agile Energy half-year results briefing conference call. All participants will be in listen-only mode. There will be a presentation followed by a question and answer session. I would now like to hand over the conference to Managing Director and Chief Executive Officer, Mr. Damien Nix. Please go ahead. Good morning, everyone. Thank you for joining us for Agile's 2026 half-year results webcast. I'd like to begin by acknowledging the traditional owners of the land I'm on today, the Gadigal people of the Aurora Nation and pay my respects to their elders past, present and emerging. I'd also like to acknowledge the traditional owners of the various lands from which you are all joining. Today, I'm joined by some of my executive team, Gary Brown, Joe Egan, David Moreto, Matthew Currie and Ryan Warburton. I'll get us started and we'll have time for questions at the end. Our first half results reflected strong operational and financial momentum across the business on the back of improved reliability and flexibility of a generation portfolio, growth in customer services and higher margins, as well as the continued delivery of the transition of our asset base. We're pleased to see our customer satisfaction metrics continue to improve and are working hard to support our customers who are facing cost of living pressures. Although the market experienced unusually less volatility in the half compared to historical averages, the longer-term forecasts for energy demand as well as our expectations for volatility remain strong. Importantly, our stronger fleet availability and flexibility coupled with excellent battery performance help mitigate the impacts of lower market volatility driven by milder weather and lower transmission constraints. ...