Full Year 2024 Bapcor Ltd Earnings Call Transcript

Aug 21, 2024 / 12:00AM GMT
Operator

Please standby. Good day, and welcome to the Bapcor 2024 full year results conference call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Mark Bernhard, Interim CEO and Managing Director. Please go ahead, sir.

Mark Bernhard - Bapcor Ltd - Interim Chief Executive Officer, Managing Director, Director

Thanks, Cynthia. Welcome to everyone who's dialed into today's call. As Cynthia said, my name is Mark Bernhard, and I'm the Interim CEO of Bapcor. I'm joined by our CFO, George Saoud, and together we'll be presenting Bapcor's FY24 results.

I'd like to remind everybody that you'll only be able to participate in the Q&A session if you have joined us via the dial-in and not via the webcast.

Now, before getting into the results, I'd like to make a few opening remarks. Firstly, there's no doubt that Bapcor has underperformed recently. The business has grappled with how to optimize value from an organization that was created from multiple acquisitions and which lacked investment and

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