Full Year 2023 A2B Australia Ltd Earnings Call Transcript

Aug 22, 2023 / 01:00AM GMT
Operator

Thank you for standing by, and welcome to the A2B Australia Limited FY23 results presentation. (Operator Instructions) I would now like to hand the conference over to Mr. Mark Bayliss, Executive Chairman.

Mark Bayliss - A2B Australia Limited - Executive Chairman

Thank you. Good morning, everyone. Thank you for joining us for A2B's FY23 results presentation. A2B has successfully executed its turnaround plan over the last 12 months, and Ton van Hoof, A2B's CFO, and I will be taking you through this transformative period over the next 10 to 15 minutes.

We're going to start on slide 3. So A2B's turnaround strategy of Better Before Bigger had six key pillars that we have delivered on to return the company to profitability and create the foundations for sustainable growth. We implemented our five core values. We grew revenue through fleet and fares along with market share. We divested noncore assets, we reduced costs, we renewed our leadership and we disposed of our properties in Sydney to realize significant value for shareholders. A2B is in a much stronger

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