Half Year 2024 AECI Ltd Earnings Call Transcript

Jul 31, 2024 / 09:00AM GMT
Zanele Salman - AECI Ltd - IR

Hello. Good morning, everyone, and welcome to our results presentation for the half year ended June 30, 2024.

This is the usual cautionary statement. Just in terms of safety, I won't go through everything that's on the slide. (Event Instructions)

So today we're hosting our results presentation at our Mining head office. It's the first time doing that for AECI. Welcome. Our mining operations hold a very significant history for AECI and that's why we've -- on the journey that we're on in terms of executing on our strategy, we've decided to host our results here. 2024 was a year of transition for AECI. And as I mentioned, the main focus for the Group was the execution of a strategy that we announced in November 2023.

On top of that, we had a new segment structure that we needed to restate the comparative numbers in the first half. We also implemented a SAP -- we implemented SAP at AECI Chemicals. And in terms of our first half, we had a lot of activities, including the ones that I've mentioned. As a result, as management, we took a decision to not do

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