Genesis Energy Limited (GNE) Q2 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Tēnā koutou, tēnā koutou, tēnā koutou katoa. Kia ora and welcome to the H1 FY23 results presentation for Genesis Energy. Koa Tracey Hickman tōku ingoa. I am the interim chief executive and this morning our CFO James Spence and I will be discussing Genesis Energy results for the first half of financial year 2023. Firstly, though, I do want to recognise that this has been an extremely challenging month for many people across the North Island, impacted by the severe weather events of recent weeks and continuing even to today. Our hearts go out to all those affected, in some cases so tragically. I also want to say that I'm proud of our amazing people at Genesis who have continued to work hard to return our plant to service, whether impacted from the weather events itself or on planned outage, to get LPG into disrupted areas, to support customers in need in a variety of ways specific to them, in providing extra support to affected communities and for their volunteering efforts through and outside of their work capacity. So far, we have contributed a total of $200,000 to various release funds across some of our local communities who have been impacted. In addition, we have ramped up our longstanding Manaaki-Kenehi programme to provide extra credits payment flexibility and relief and wrap around services to those affected by these events. We have encouraged any of our customers across our Genesis and Frank brands to get in touch with us if they need support and many are. But this is not a one and done support. People will be affected for many months and years and we will continue to assess how we contribute over the long term in ways that can be most impactful. It is important to reinforce in these times the broader aspects of sustainability for our communities and our coun...