Matthias Cardarelli
CEO and Executive Director
(Audio Gap) to deliver results for fiscal year 2026, marking the completion of the first two years of the Awaken the Giant transformation strategy. Two years of progress and continuous implementation, translated into strong financial results. Two years of exceptional performance and value creation.
I would like to warmly welcome the shareholders, investors, directors, employees, members of the media and other stakeholders who join us today. Your support and trust in PPC is crucial, as we move forward into the next stage of our journey with enthusiasm and ambition.
Brenda Berlin, our CFO, and I will update you on our FY26 financial results. Highlights of the year and the progress we’ve made in executing our strategy. After that, we will open the floor for questions. Please remember that you can submit questions throughout the presentation.
It has been more than two and a half years since I took over as CEO of PPC. At the time, the PPC share price was ZAR 2.6, and no one believed that an improvement in PPC’s price was possible unless there was a major turnaround in the South African construction sector. At that time, almost everyone, from investors, analysts, and even within the PPC team, believed that PPC’s performance internally was perfectly fine and that all the problems were solely due to external factors. I still remember the beginning of my first pitch when an analyst asked me what I was going to do because the previous management team was leaving the company in great shape or an investor told me I was telling them the same old story they were trading.
