Half Year 2024 Clean Seas Seafood Ltd Earnings Call Transcript
Well, hello, everyone, and thank you for joining Clean Seas Seafoods Half one FY24 Results Webinar. My name is Rob Gratton, Clean Sea's CEO, and also on the call today is our CFO, David Brown. In the past, we've spoken about challenging market conditions and increases in feed prices. And in response to these challenges, in November last year, we announced an operational review and a placement to be used for working capital to facilitate the rightsizing of business operations and to execute on key focus areas of the review.
In many ways, the Half one result that we are reporting today reflects the reasons why we undertook the operation review and justifies the decisions that we've made. The result is, therefore, as we expected, but encouraging in the way that pricing has held up at our 3,000 tonnes per annum target business. Having acted strongly and decisively, it is also encouraging that we're starting to see the benefits of the changes made, particularly in cash flows. And we expect these positive signs to continue over the next few months as we
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
