Oceana Group Ltd (OCGPF) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.718 -- 00:00:06.764 morning everybody welcome to the Oceana interim results presentation 00:00:06.764 -- 00:00:10.969 my name is Neville Brink and I'm joined by Zaf Mohammed and we'll present our results 00:00:10.969 -- 00:00:15.712 over the next hour and then we'll have half an hour for questions 00:00:17.436 -- 00:00:23.123 just to start off and I thought about this when I was putting my presentation together 00:00:23.123 -- 00:00:28.169 what was the message or the messages that I wanted to convey to both the 00:00:28.169 -- 00:00:33.106 market and the broader audience and there's two things that I wanted to focus on 00:00:33.106 -- 00:00:38.093 And one was the strategy that we developed 00:00:38.093 -- 00:00:41.197 over the last three years still is very much in place. 00:00:41.197 -- 00:00:45.804 The three pillar strategy, each of our divisions has a very clear cut strategy and that 00:00:45.804 -- 00:00:50.911 hasn't changed. And obviously it's disappointing to see results drop in 00:00:50.911 -- 00:00:56.179 a year, but I've said to both my management team and to you in the market 00:00:56.179 -- 00:01:00.258 that we're quite clear in our strategy going forward. 00:01:00.258 -- 00:01:03.404 And the second message, and I'll get to the strategy now, and the second message I wanted 00:01:03.404 -- 00:01:09.595 to deliver was, in particular to the management team, is we've got to focus on the controllables. 00:01:09.595 -- 00:01:13.422 The very nature of the fishing industry is the 00:01:13.422 -- 00:01:14.825 volatility 00:01:14.825 -- 00:01:20.194 of it, and there are many uncontrollables that we have difficulty managing things 00:01:20.194 -- 00:01:25.420 like climate change weather catch exchange rate and the key 00:01:25.420 -- 00:01:29.906 for...