Full Year 2023 Elders Ltd Earnings Call Transcript
Thank you for standing by, and welcome to the Elders Limited FY '23 Results Investor Briefing. (Operator Instructions)
I would now like to hand the conference over to Mr. Mark Allison, Managing Director and CEO. Please go ahead.
Thank you very much, and welcome to all for the Elders full year results presentation for the FY '23 year. Thank you for joining Paul and myself for the session today. From an Elders' viewpoint, this is the final year of our third 8-point plan. The Elders philosophy since the first 8-point plan in 2014 has been to control what we control and not to dwell on what we can't control, to have a cost and capital structure to allow us to make good returns in bad years and to make great returns in good years. The FY '23 results are an example of acceptable returns in very difficult market and cost conditions. In fact, this result is the second highest result in the last 10 years for Elders. We use our multiple diversifications by product, service, geography, crop segment, commercial model and channel to market and our financial
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