Livestock Improvement Corp Ltd (NZSE:LIC)
NZ$ 1.1 0 (0%) Market Cap: 155.41 Mil Enterprise Value: 134.77 Mil PE Ratio: 20.00 PB Ratio: 0.57 GF Score: 74/100
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Q2 2021 Livestock Improvement Corporation Ltd Earnings Call Transcript

Jan 27, 2021 / 11:30PM GMT
Release Date Price: NZ$0.84 (+3.70%)
Murray King
Livestock Improvement Corporation Limited - Independent Chairman

Okay. We've reached 12:30. I think we're good to go. It looks like participants have been admitted. So thank you for attending this call this afternoon, the purpose of which is to discuss the half year results for LIC that we announced yesterday and answer any questions that you may have.

On the call today is myself as Chair of LIC; and Wayne McNee, our Chief Executive. The call is being recorded and will be available on the LIC website tomorrow. We'll have a Q&A session at the end of this call. (Operator Instructions) So you're able to submit questions at any time during the call. However, we'll only answer these at the end during the Q&A session. (Operator Instructions)

So we've delivered a strong half year result and increased our full year underlying earnings forecast range from $16 million to $22 million, tightened that range to -- and increased it to [$19 million to $23 million]. This shows continued strength in the cooperative and its financial performance.

As far as the financial

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