Anglo American plc (AAUKF) CEO Duncan Wanblad on Q2 2022 Results - Earnings Call Transcript

Jul. 28, 2022 7:40 PM ETAnglo American plc (AAUKF), NGLOY
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Anglo American plc (OTCQX:AAUKF) Q2 2022 Earnings Conference Call July 28, 2022 4:00 AM ET

Company Participants

Stuart Chambers - Chairman

Duncan Wanblad - Chief Executive

Stephen Pearce - Chief Financial Officer

Conference Call Participants

Ian Rossouw - Barclays

Bob Brackett - Bernstein

Sylvain Brunet - BNP Paribas Exane

Richard Hatch - Berenberg

Myles Allsop - UBS

Patrick Mann - Bank of America

Danielle Chigumira - Credit Suisse

Alain Gabriel - Morgan Stanley

Dominic O'Kane - JPMorgan

Liam Fitzpatrick - Deutsche Bank

Stuart Chambers

Okay. Good morning, everyone and a warm welcome to Anglo American's 2022 Half Year Results. For those of you who I have not met either here or on the cast, I'm Stuart Chambers, the Anglo American Chairman and I'm delighted to be meeting some of you at least in person here today. But of course, a warm welcome to all those on the phone and webcast.

I'm also very pleased today to be joined by Duncan Wanblad, our Chief Executive at his first results presentation, since being appointed earlier this year at the AGM in April. You would have seen our numbers that have gone out earlier this morning. And whilst this is our second best ever financial half year performance I think internally, we all believe we could have done even better and there is room for improvement and both operationally and in other areas in the second half. And I'm sure if you're interested, Duncan will expand on that later in this session.

Now as we all know, the macro environment is most certainly more challenging now than it was even six months ago. Nonetheless, the business is well set up and we certainly view the medium- and long-term outlook prospects for mine products to be remaining very favorable indeed.

It's particularly pleasing to

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