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Full Year 2020 Ridley Corporation Ltd Earnings Call Transcript
Thank you, Lexi. And good morning and thank you to everyone for your attendance. This is the first time that we've used the open briefing service having previously presented the results in person to the financial analysts in Melbourne. And as a result, we've opted to make this presentation available to be streamed to all shareholders so that you can follow the presentation uploaded on the ASX this morning.
My name is Quinton Hildebrand, and I will be accompanied by Alan Boyd, Ridley's CFO and Company Secretary.
If we move to the second slide, today, it's been exactly one year since I joined Ridley, and with the support of the Board, I have taken the opportunity to reset the business. So, the results we are presenting represent significant reorganization that's taken place within the business over the last 12 months. But this should come as no surprise as we've disclosed all these significant items along the way.
A year ago, I identified that Ridley had a large overhead structure, which was slow to respond to the
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