Matias Cardarelli
CEO & Executive Director
[Audio Gap] to present our FY ’26 results, marking the completion of the first 2 years of our Awaken the Giant turnaround strategy. Two years of progress and consistent execution, translated into strong financial results. Two years of exceptional performance and value creation.
I would like to extend a warm welcome to our shareholders, investors, board members, employees, members of the media and other stakeholders joining us today. Your support and confidence in PPC are critical, as we advance to the next phase of our journey with enthusiasm and ambition.
Brenda Berlin, our CFO, and I will take you through the FY ’26 financial results. The key highlights of the year and the progress we have made in executing our strategy. After that, we will open the floor for questions. Please remember that you can submit the questions throughout the presentation.
It has been over 2.5 years since I took over as CEO of PPC. At the time, PPC share price was ZAR 2.6, and nobody believed that an improvement in PPC was possible unless there was a significant turn in the construction sector in South Africa. At the time, almost everyone, investors, analysts and even within PPC team, believe that PPC internally was doing perfectly well and that all the problems were caused by only external factors. I still remember the beginning of my first road show when an analyst asked me, what I was going to do because previous management team was leaving the company in an outstanding condition or an investor telling me that I was telling them the same old story that they