AMP Limited (AMLTF) Q4 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:06.237 Good morning everyone and welcome to AMP full year results. 00:00:06.237 -- 00:00:11.343 I'd welcome you also on this Valentine's Day which is our second Valentine's Day to deliver 00:00:11.343 -- 00:00:16.868 the results. Before I commence today can I firstly recognise the traditional 00:00:16.868 -- 00:00:21.673 custodians of the land on which we're holding this meeting which for us is the Gadigal 00:00:21.673 -- 00:00:26.798 people of the Eora Nation and I'd like to pay my respects to the elders past 00:00:26.798 -- 00:00:31.867 and present. I also, of course, have with me today Blair Vernon, who is 00:00:31.867 -- 00:00:34.989 the CFO of the organisation. 00:00:35.291 -- 00:00:37.634 Right, so what are we going to talk through today? 00:00:37.634 -- 00:00:41.599 Firstly, I just want to give you a brief overview of the results. 00:00:41.599 -- 00:00:46.925 Then Blair will do a deep dive into all of the results, including a focus on costs 00:00:46.925 -- 00:00:51.970 and capital. And then we're going to go further into the Be You results, together with 00:00:51.970 -- 00:00:56.309 the achievements through 24 and what we're planning to focus on in 25. 00:00:56.309 -- 00:01:02.053 And of course, we're going to finish with some guidance and allow time for Q&A. 00:01:03.557 -- 00:01:09.444 If I just look at the overall result, I believe we continue to deliver on financial performance, 00:01:09.444 -- 00:01:12.227 but also business performance. 00:01:12.227 -- 00:01:16.872 Underlying profits up over 15% to $236 million. 00:01:16.872 -- 00:01:22.038 And correspondingly, our earnings per share up 25%, through performance, 00:01:22.038 -- 00:01:27.223 but also the share buyback. We're delivering on the controllable cost promises 00:01:27...