Full Year 2020 New Zealand Refining Company Ltd Earnings Call Transcript

Feb 17, 2021

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Feb 16, 2021 / 10:00PM GMT
Operator

Thank you for standing by and welcome to the Refining New Zealand 2020 Full Year Results Conference Call. (Operator Instructions)

I would now like to hand the conference over to Refining New Zealand Chief Executive Officer, Naomi James. Please go ahead.

Naomi M. James - The New Zealand Refining Company Limited - CEO

Good morning, everyone, and welcome to Refining NZ's 2020 Financial Results Briefing. I'm Naomi James, the CEO of Refining NZ, and I am joined by our CFO, Denise Jensen. Before getting started, I draw your attention to the disclaimer upfront in the presentation on Slide 2.

The briefing today will effectively be divided into 2 parts: the first, a briefing on our 2020 performance, and then moving to an update on our strategic review process and the potential import terminal conversion.

Please turn to Slide 4. Starting first with 2020, where we have delivered what we set out to achieve in a very challenging environment. We will go through the detail as we walk through the pack. But in summary, despite having had our most

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