Channel Infrastructure NZ Ltd (NZSE:CHI)
NZ$ 1.48 -0.02 (-1.33%) Market Cap: 560.56 Mil Enterprise Value: 876.95 Mil PE Ratio: 23.13 PB Ratio: 1.12 GF Score: 46/100

Full Year 2021 New Zealand Refining Company Ltd Earnings Call Transcript

Feb 22, 2022 / 11:00PM GMT
Release Date Price: NZ$0.96 (-2.04%)
Operator

Thank you for standing by, and welcome to the Refining NZ Full Year Conference Call. (Operator Instructions) I would now like to hand the conference over to Naomi James, Chief Executive Officer of Refining NZ. Go ahead.

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

Good morning, everyone, and welcome to Refining NZ's 2021 Financial Results Briefing. I'm Naomi James, CEO of Refining NZ, and I'm joined by our current CFO, Denise Jensen, and Jarek Dobrowolski, who will step into the CFO role of channel infrastructure when Denise leaves Refining NZ at the end of March. Before getting started, I draw your attention to the disclaimer upfront in the presentation on Slide 2.

Turning now to Slide 3, and let me start by giving you a summary of the key messages in today's presentation. In terms of 2021, we have had another excellent year of safety and operational performance, while, at the same time, delivering the long-term plan to unlock the value of the infrastructure we own. Our transition to a terminal business model is now imminent, with

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