Elders Limited (ELD) Q4 2024 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.892 -- 00:00:06.259 Thank you very much and welcome to all for the Elders full year results presentation 00:00:06.259 -- 00:00:11.386 for the FY24 year. Thank you for joining Paul and myself for this session 00:00:11.386 -- 00:00:13.028 today. 00:00:13.028 -- 00:00:18.635 As you will be aware from our two ASX announcements this morning and our trading hold, 00:00:18.635 -- 00:00:23.361 we will approach today's briefing in two distinct parts. 00:00:23.361 -- 00:00:28.426 Firstly, Paul and I will provide a review of the FY24 results We will 00:00:28.426 -- 00:00:33.131 then present our acquisition opportunity and the strategic alignment and benefits of 00:00:33.131 -- 00:00:35.694 this for our shareholders, communities, and people. 00:00:35.694 -- 00:00:40.800 And then finally, we'll have an extended period for questions on both areas 00:00:40.800 -- 00:00:46.186 at the end. So we will move through relatively quickly to ensure that there is time 00:00:46.186 -- 00:00:48.588 for questions. 00:00:48.588 -- 00:00:52.593 So starting off with our annual results, from an elders viewpoint, this is the first 00:00:52.593 -- 00:00:57.625 full year of our fourth eight-point plan. And 00:00:57.625 -- 00:01:02.772 a very difficult and particularly problematic first quarter 00:01:02.772 -- 00:01:08.400 of the first year. The Elders' philosophy since the first eight-point plan in 2014 00:01:08.400 -- 00:01:12.746 has been to control what we can control and not to dwell on what we can't control. 00:01:12.746 -- 00:01:16.832 To have a capital and cost structure to allow us to make good returns in bad years and 00:01:16.832 -- 00:01:21.318 to make great returns in good years. The FY24 00:01:21.318 -- 00:01:26.766 full-year result is an example of acceptable returns in a...