AGL Energy Limited (AGL) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the AGL Energy 2023 full 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, Damien Nix speaking. Thank you for joining us for the webcast of AGL's full year results for the financial year 2023. I'd like to begin by acknowledging the traditional owners of the land I'm on today, the Gadigal people of the Eora nation, and pay my respects to their elders past, present and merging. I'd also like to acknowledge the traditional owners of the various lands from which you're all joining from and any people of Aboriginal and Torres Strait Islander origin on the webcast. Today, I'm joined by Gary Brown, Chief Financial Officer, Joe Egan, Chief Customer Officer and Marcus Brockhoff, Chief Operating Officer. I'll get us started and we'll have time for questions at the end. Before I cover the results, I wanted to recap a refreshed strategy and our accelerated decarbonisation plan, which we announced last September and discussed in greater detail at the Investor Day in mid-June, which has collectively reset market confidence and the outlook for AGL. We have a clear strategic plan to connect our customers to a sustainable future, helping them to decarbonise the way they live, move and work, as well as to transition to a lower carbon energy portfolio, underpinned by an ambition to add approximately 12 gigawatts of new generation and firming by the end of 2035. AGL has a leading and trusted brand, and our customer markets business is positioned well to navigate, grow and thrive in a complex ene...