Aurizon Holdings Limited (AZJ) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the first half 2026 results. We are in Brisbane today, therefore I acknowledge the traditional custodians of this land, the Turrbal and Yagra people and pay my respects to the Elders past, present and future for they hold the memories, the traditions, the culture and hopes of Aboriginal Australia. We must always remember that under the ballast, sleepers, rail systems and office buildings where Arizon does business was and always will be traditional Aboriginal land. I'm joined on the call by Gareth Long, Acting CFO and Group Executive Strategy, and the rest of the management team. This morning we announced the appointment of Ian Wells as CFO and Group Executive Strategy, commencing in April. Ian is an experienced global finance leader across the resources and infrastructure sectors, most recently at FMG, including five years as Group CFO. His expertise will be instrumental as we continue to optimise our portfolio, allocate capital with discipline and invest in long-term growth. I look forward to welcoming Ian to Aurizon in April. Gareth Long, who has been Acting CFO in Group Executive Strategy, will transition to the role of Group Executive Enterprise Services, leading functions including asset management, procurement, technology, people and safety. Turning to safety, Our focus at Aurizon is protecting our employees, customers and the communities in which we operate. It was pleasing to see a step down in the actual and potential serious injury fatality frequency rate when compared to the second half last year. However, the total recordable injury frequency rate deteriorated slightly, driven by lower severity injuries. Efforts have been stepped up in response to this movement with safety intervention activities enacted where required. Level ...