Grindrod Ltd Unsp/Adr (GRDLY) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.914 Good morning and a very warm welcome to Gringard's 2026 Interim 00:00:04.914 -- 00:00:07.395 Financial Results presentation. 00:00:07.395 -- 00:00:11.477 My name is Reshmi Soni from Investor Relations. 00:00:11.477 -- 00:00:16.780 We are delighted to welcome our analysts, shareholders, and members of our management 00:00:16.780 -- 00:00:23.364 team. A special welcome to our non-executive directors joining us online. 00:00:23.364 -- 00:00:27.766 In today's session, we'll cover the performance highlights, a financial and divisional 00:00:27.766 -- 00:00:33.806 overview, followed by an outlook. We will thereafter open the floor for your questions. 00:00:33.806 -- 00:00:36.047 On your screen, you'll see a question box. 00:00:36.047 -- 00:00:41.089 Please use that to send us your questions this morning. 00:00:41.089 -- 00:00:46.191 With us this morning, Kwazi Mabaso, our Group CEO, and Fatima Ali, 00:00:46.191 -- 00:00:48.771 our Group CFO. 00:00:48.932 -- 00:00:51.173 Before we begin, 00:00:51.173 -- 00:00:55.914 please take note of the forward-looking statement on your screen. 00:00:56.595 -- 00:00:59.657 I will allow you to peruse this at your own time. 00:00:59.657 -- 00:01:03.038 With that, I hand over to Kwasi. 00:01:05.000 -- 00:01:09.883 Good morning and thank you for joining us today. 00:01:09.883 -- 00:01:15.727 The first half showed the strength of our strategy, the resilience 00:01:15.727 -- 00:01:20.850 of our asset base, and the quality of the growth opportunities 00:01:20.850 -- 00:01:27.493 ahead of us. I'll begin with the macro context shaping 00:01:27.955 -- 00:01:30.175 our markets. 00:01:30.477 -- 00:01:35.498 Global commodity markets were volatile through the first half, shaped 00:01:35.498 -- 00:01:40.599 by the Ir...