Half Year 2024 BlueScope Steel Ltd Earnings Call Transcript

Feb 18, 2024 / 11:00PM GMT
Mark Royce Vassella - BlueScope Steel Limited - MD, CEO & Executive Director

Good morning, and welcome to the BlueScope First Half FY '24 Financial Results Presentation. I'm Mark Vassella, and I'm joined this morning by David Fallu for his first results presentation as BlueScope CFO. Welcome, David.

In a moment, we'll take you through the results before we take your questions. David and I are joining you today from Melbourne, part of the Eastern Kulin Nation, and I'd like to acknowledge the traditional custodians of this land, the Wurundjeri peoples. We pay our respects to elders past, present and emerging and to all First Nations peoples joining us today.

Before we get into the details, I'd like to take a step back and put the first half FY '24 result into the context of BlueScope's business model. The last decade has seen us take action to drive resilience in our business model, resilience that allows us to deliver results through all points of the cycle. As we know, recent years have been marked by cyclically higher demand levels and spreads resulting in very strong results.

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