Tom Dixon
Host
Replay available
Dyno Nobel Limited (ASX: DNL) Q4 2025 earnings conference call, held 2025-11-10. Replay captured from the company's public earnings webcast.

Host
Group CFO
Analyst, Remore Equity Research
CEO & Managing Director
Analyst, Macquarie
Analyst, Citi
Analyst, JP Morgan
Analyst, Baron Joey
Analyst, Jefferies
Analyst, CLSA
Analyst, RBC
Good morning and welcome to Dino Nobel Limited's 2025 full year results briefing. This is Tom Dixon speaking and I'm joined this morning by our CEO and MD, Mauro Neves, and our Group CFO, Nitesh Naidoo. The materials we'll be covering today have been lodged with the Australian Securities Exchange and can be found on the ASX and Dino Nobel websites. As usual, at the end of the presentation we'll have time for questions and an audio recording of this presentation will also be available on our website. I'll draw your attention to the disclaimers found on slide one and slide two of the presentation. And before we do move into the main presentation, I'd like to start with an acknowledgement of country. I'd like to acknowledge the traditional custodians of the land we are coming to you from today, the Wurundjeri peoples of the Eastern Kulin Nation. I pay my respects to elders past and present. Thank you, and I'd now like to hand over to Mauro. Thanks, Tom. Good morning and welcome, everyone. It's my great pleasure to be here to present our 2025 full year results. You see, as we work through the presentation, the Dino Nobel team delivered excellent financial results and also made great progress towards separating from our fertilizers business and achieving our ambition of doubling our fiscal year 23 explosives EBIT. I'll say more on that later. As Tom mentioned, you'll also be hearing today from our new group CFO, Nitesh Naidoo. Nitesh joined us in July, and I'll quickly take this opportunity to welcome Nitesh to his first DinoNobel results presentation, and thank him for his enormous contribution since joining the team. I would also like to thank Damian Butler, who did an excellent job in the entering CFO seat, allowing a seamless transition to the CFO role as Nitesh joine...