Half Year 2019 Fresnillo PLC Earnings Call Transcript
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Thank you for joining us in the room and also on the phone. For those on the phone, this is Octavio AlvÃdrez, CEO; and I'm joined this morning by Mario ArreguÃn, our CFO; and our investment relations team here in London. As usually, I'll go through the strategy and the operational sides, and Mario will go through the financials and then we will take your questions.
We recognize it has been a more challenging year for the business, and this is reflected on the numbers we've announced this morning. However, we remain confident that the -- we're committed, of course, to the long-term strategy that has given us good results, going from exploration to the efficient, low-cost operation, disciplined approach when we take on the development of the project, of course all of these on sustainable business practices supported by a strong balance sheet.
Nonetheless, as I mentioned, we recognize the challenges we are facing. And with this long-term focus and strategy, we are implementing in the short term various initiatives across core
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