Half Year 2020 Elders Ltd Earnings Call Transcript

May 18, 2020 / 12:01AM GMT
Operator

Thank you for standing by. And welcome to the Elders Limited Half Year Financial Results FY '19 to '20 Conference Call. (Operator Instructions) I would now like to hand the conference over to Mr. Mark Allison, Chief Executive Officer and Managing Director. Please go ahead.

Mark Charles Allison - Elders Limited - CEO, MD & Executive Director

Thank you very much. And welcome to everyone for today's FY '20 half year presentation. So if the dream is to live in interesting times, we're all living the dream. And I think the major difference between what's been happening in Metropolitan Australia and cities around the world and what's been happening in regional rural Australia, I think, is clear as we go through the presentation.

So we're reporting in the final year of the second Eight Point Plan today and we've got 5 months or so to run on that. Now just to recap, the core philosophies of the first 2 Eight Point Plans have been, since FY '14, have been high financial discipline, safety, EBIT and return on capital as the core metrics. Now clearly, we have

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