Elders Limited (ELD) Q2 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Elders Limited.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.470 -- 00:00:04.575 Thank you very much and welcome to all of those on the call for the Elders Half Year 00:00:04.575 -- 00:00:09.661 Results presentation for the FY25 year. Thank you for joining 00:00:09.661 -- 00:00:14.767 Paul and myself for the session today. As an overview, the half year results today 00:00:14.767 -- 00:00:19.793 are very strong on a half year comparative basis with a 67% uplift 00:00:19.793 -- 00:00:24.959 in EBIT on the first half last year. As flagged in the FY24 00:00:24.959 -- 00:00:30.035 full year results in November last year, We anticipated the normalisation of the 00:00:30.035 -- 00:00:35.240 very poor first quarter from last year. This has been achieved with a corresponding improvement 00:00:35.240 -- 00:00:41.287 in the FY25 first half result from an EBITROC gearing viewpoint. 00:00:41.287 -- 00:00:45.912 We've also made good progress on our SISMOD rollout with South Australian and Tasmanian 00:00:45.912 -- 00:00:49.055 branches rolled out, with Queensland 00:00:49.055 -- 00:00:51.818 and Northern Territory branches being rolled out currently. 00:00:51.818 -- 00:00:56.822 It's planned for all states to have completed their branch rollouts by year end, in 00:00:56.822 -- 00:01:00.366 line with the plan and within budget. 00:01:00.366 -- 00:01:05.332 In addition, Project Slimline has delivered our targeted cost reductions and Project 00:01:05.332 -- 00:01:10.378 Streamline is also on track with our supply chain efficiencies benefits as shown in 00:01:10.378 -- 00:01:16.004 the numbers that we will review today. Over the first six months of FY25, 00:01:16.004 -- 00:01:20.269 we have experienced good growth across our livestock and wool agency services, our real 00:01:20.269 -- 00:01:26.195 estate services and our feed an...