Fresnillo PLC (STU:FNL)
€ 30.38 -0.32 (-1.02%) Market Cap: 22.52 Bil Enterprise Value: 21.23 Bil PE Ratio: 18.86 PB Ratio: 5.61 GF Score: 85/100

Full Year 2023 Fresnillo PLC Earnings Call Transcript

Mar 05, 2024 / 09:00AM GMT
Release Date Price: €5.71 (+5.66%)
Octavio AlvÃ;drez
Fresnillo PLC - CEO

­ -

Good morning, everyone, and thank you for being here for Fresnillo's year-end result 2023. I'm glad to be -- I'm Octavio Alvídrez, and I'm glad to be joined by Mario Arreguín, our CFO; also Tomas Iturriaga, our central area Chief Operating Officer; Guillermo Gastélum, Vice President of Exploration; and also joined by Daniel Diez, who is the newest addition to the team, and he will coordinate the northern part of the operations.

(technical difficulty) from a few years on operational challenges. I would say it's about operations or stability in our operations. We're focused on how to control and costs. Of course, we do have a large setting on projects and across the areas how we go about disciplined approach and also one more aspect, which is the investment in exploration through the cycles.

But as I mentioned, I mean, in 2021 and 2022, we had this operational challenges. Across our operations, we have some difficulties to meet the guidance, so the very important aspect at that time was to have a much better grasp on the

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