Synlait Milk Limited (SMLKF) Q4 2025 Earnings Call Transcript

Operator

Thank you for standing by, and welcome to the Synlait Milk Full Year Results Call. [Operator Instructions] I’d now like to hand the conference over to Synlait Milk. Please go ahead.

Hannah Lynch
Head of Strategy & Corporate Affairs

Good morning, everybody, and welcome to Synlait’s Full Year Results Conference Call. [Operator Instructions] It’s great to have so many of you on today’s call and a real pleasure to introduce you formally to our new CEO, Richard Wyeth, who joined Synlait earlier this year in May. He’s joined, of course, today on the call by our CFO, Andy Liu, who many of you will now know. Rich and Andy will speak today through to our investor presentation released this morning. And then we’ll open the line for Q&A. [Operator Instructions]

Richard, over to you.

Richard Wyeth
Chief Executive Officer

Thanks, Hannah. Good morning to you all. Thank you for joining us on Synlait’s Full Year 2025 Results Call.

To indulge some sporting analogy, FY ’25 was a year of 2 halves with Synlait. We won the first half and celebrated a return to profitability. However, over the second half was challenging on a number of fronts and the impact of those will be cleared in today’s presentation. Andy and I will go over those in detail throughout the presentation. But before that, we have some good news. If you please turn to Slide 2.