Half Year 2025 Tower Ltd Earnings Call Transcript

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May 20, 2025

May 19, 2025 / 10:00PM GMT
Operator

Good day and thank you for standing by. Welcome to Tower Limited, half year results announcement 2025. At this time, all participants under the listen-only mode. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to speaker today, Michael Stiassny, Chair of Tower. Please go ahead.

Michael Stiassny - Tower Ltd - Non-Executive Independent Chairman of the Board

Thank you. Good morning. And thanks for making the time to join us for this investor call and presentation of our 2025 half year results. With me in Auckland is our interim Chief Executive Officer, Paul Johnston; and interim Chief Financial Officer, Angus Shelton. Tower's half year 2025 results demonstrate a business in good heart and performing strongly.

A razor sharp focus on profitable growth and operational excellence is creating value for our shareholders and will continue to do so. Earlier this year we delivered a capital return of $45 million that was value accretive, and today we are declaring a fully

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