GrainCorp Limited (GNC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Graincorp Limited FY25 results. All participants are in listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Mr. Robert Spurley, Managing Director and CEO. Please go ahead. Good morning, everyone, and again, welcome to the Graincorp results call. This morning we're presenting from Sydney and I start today by acknowledging the Gadigal people of the Eora nation and paying our respects to elders past and present. If I refer you to slide four of the pack for today's agenda, I'll provide some updates to start with including our financial year 25 highlights, strategy and growth, financial performance will be covered by Ian Morrison. We'll update you on the balance sheet and capital management and provide some comments on the outlook ahead. For those following online, I will share with you the page numbers as we go through the presentation. So starting on slide five. Our financial year 25 underlying EBITDA of $308 million was a lift on the prior year. We saw total grain handled of 31.6 million tonnes and recorded a record again in oilseed crush volumes. We've seen improved contribution from our animal nutrition and bulk materials sectors, and it really demonstrates we are controlling what we can in the business. That's especially so given the financial year 25 operating context, which as we updated at the half year, has shown strong global production from all supply regions around the globe, meaning that Australian grain has had to compete for its place in the world. What that means is customers have been subdued in their purcha...