Operator
Thanks for standing by, and welcome to the Australian Agricultural Firm Restricted FY ’26 Half 12 months Outcomes Launch. [Operator Instructions] I might now like at hand the convention over to Mr. Dave Harris, MD and CEO. Please go forward.
David Harris
CEO, MD & Director
Thanks. Good morning, and welcome to the Australian Agricultural Firm’s Half 12 months Presentation for the monetary yr 2026. I am Dave Harris, Managing Director and CEO of AACo. And becoming a member of me on the decision as we speak is our Chief Monetary Officer, Glen Steedman. Earlier than we start, AACo properties are the normal properties of many First Nations peoples, and we acknowledge them and provide our respects to the elders, previous and current. We acknowledge their tradition and honor their deep connection to the land, waters, animals and skies, particularly throughout the locations the place now we have lived and labored for our 2 centuries of operation.
As a meals and agricultural firm, there may be a lot to study from their method to neighborhood and their information and take care of nation. Our presentation as we speak will comply with the common format. I will begin our presentation after which hand over to Glen to run by the monetary efficiency in additional element earlier than I shut with some details about the present market situations. And with that, let’s start our presentation on Slide 5. Australian agricultural firm’s historical past and its operations are properly documented. Now we have been many issues to many individuals over 2 centuries of operation. To some, we’re an iconic pastoral firm.
To others, we symbolize innovation in cattle and genetics. And our connection to others is thru feedlots, farming or processing. To many, we


