Matt Halliday
Managing Director and CEO
Replay available
Ampol Limited (ASX: ALD) Q4 2025 earnings conference call, held 2026-02-22. Replay captured from the company's public earnings webcast.

Managing Director and CEO
Chief Financial Officer
Analyst, Jefferies
Analyst, Bank of America
Analyst, EMP
Analyst, UBS
Analyst, Goldman Sachs
Analyst, Macquarie
Analyst, Bank of America
Analyst, RBC Capital Markets
Analyst, MST
Analyst, J.P. Morgan
And welcome to the Ampoule Limited Full Year 2025 Results Briefing. All participants are in a listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Mr. Matt Halliday, Managing Director and CEO. Please go ahead. Thank you. Good morning. My name is Matt Halliday. I'm the Managing Director and CEO of Ampol Limited. Welcome to our 2025 full year results call. During the presentation, we'll be referring to the documents lodged with the ASX this morning. And before beginning, I draw your attention to the notice on slide two. I'm joined by our CFO, Greg Barnes, who will discuss the financial results in more detail. I'll start on slide four. In 2025, personal safety performance in convenience retail and ZED continued to trend at close to historical best levels. And as we said at the half, while we did have some incidents related to electrical safety in New Zealand, they did not result in injuries. In response, ZED conducted a stand down for safety and we initiated a contractor safety uplift program to reinforce safe work practices. In FNI, we have seen a small increase in incidents, which led us to initiate a safety reset to refresh our safety management processes. Our commitment remains unchanged, ensuring every team member goes home safely at the end of each workday. Turning to process safety, we had one Tier 1 and two Tier 2 incidents in FNI. The Tier 1 was a loss of crude oil from a tank due to damage during Cyclone Alfred, which was safely contained in the bund as designed. Repair work continues to replace the tank roof and there were no injuries. Our teams right across...