Oceana Group Ltd (OCGPF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

morning everybody welcome to the Oceana interim results presentation my name is Neville Brink and I'm joined by Zaf Mohammed and we'll present our results over the next hour and then we'll have half an hour for questions just to start off and I thought about this when I was putting my presentation together what was the message or the messages that I wanted to convey to both the market and the broader audience and there's two things that I wanted to focus on And one was the strategy that we developed over the last three years still is very much in place. The three pillar strategy, each of our divisions has a very clear cut strategy and that hasn't changed. And obviously it's disappointing to see results drop in a year, but I've said to both my management team and to you in the market that we're quite clear in our strategy going forward. And the second message, and I'll get to the strategy now, and the second message I wanted to deliver was, in particular to the management team, is we've got to focus on the controllables. The very nature of the fishing industry is the volatility of it, and there are many uncontrollables that we have difficulty managing things like climate change weather catch exchange rate and the key for us is to focus on those areas that we can control and focus on driving efficiencies through those areas so just to give you a a snapshot of the strategy that we've developed over the last three years first of all the lucky star foods and that remains to grow consumption through availability unlimited availability i'll talk a bit about that later Affordability is key, especially in the world we live in at the moment and our consumers are out there that really are struggling. And then to take that iconic Lucky Star brand and deliver outside of pure cann...