Anthonie de Beer
Group CEO & Executive Director

Good morning, everyone, and thank you for joining us today. Before I even start, let me first of all just acknowledge the people in the room here with me. Thank you for being here this morning. It's a great team that works tirelessly to get the results ready, and we thank them for that. So before I get into the detail of the presentation, I think it is important to ground today's discussion.

We're focusing on the first half of 2026. We provide short-term prospects for the full year, but then I want to move the conversation into our longer-term focus. The first half was disappointing, and I share that plainly. We don't intend to overexplain the result that is below the level that we expect from our businesses. But we also need to be fair and recognize the context behind it. Mark will take you through the financial performance in detail, so I don't want to preempt every number.

So I'll touch on the part of the conversation that we want to get to around what are we doing about it and how do we think about the business. As you're aware, I started in the company on the 1st of Feb, working with Alan Dickson. And appreciation to Alan Dickson, who I've said that a couple of times over, Alan, for everything you've done in helping me integrate into the company. I fully appreciate it, and it's been a privilege to work alongside you. So we