Financial Data and Key Metrics Changes - Revenue declined by 27% due to mine suspensions and closures, notably at Grosvenor, Integra, and Moranbah North [5] - Underlying EBITDA was £13,200,000, reflecting cost efficiencies and operational improvements [6] - Operating cash flow remained steady at £16,900,000, comparable to the prior year [7] - Year-end net cash position was £29,100,000, with cash reserves increasing to £30,400,000 from £26,000,000 [8] Business Line Data and Key Metrics Changes - The order book grew to £314,000,000, driven by new contracts at Peabody Energy's Centurion mine and GM3 Zappin mine [13] - The company maintained a focus on safety performance, achieving a total recordable injury frequency rate (TRIFR) of 5.09, down from 9.85 [10] Market Data and Key Metrics Changes - The company operates in three major underground coal regions in Australia: Central Queensland, Hunter Valley, and Illawarra [4] - The market faced pressures due to lower coal prices and external events affecting production [3] Company Strategy and Development Direction - The company aims to build its capital position to align with organic and inorganic growth strategies, leading to a nil final dividend for FY '25 [3] - A pipeline of contract opportunities worth approximately £900,000,000 is in place, resulting from a targeted approach to winning work [13] - The company is focused on enhancing competitive advantages through efficiency savings and leveraging industry connections [14] Management's Comments on Operating Environment and Future Outlook - Management expressed a positive outlook for FY '26 despite ongoing industry headwinds, with expectations of realizing the full benefits of new contracts [13] - The company is committed to improving safety performance and addressing social and governance responsibilities [12] Other Important Information - The company has been working on system and process improvements to drive competitive advantage [4] - There have been board changes, including the appointment of Peter Barker as a non-executive chair [12] Q&A Session Summary Question: Inquiry about the process of laying off and rehiring workers - Management indicated that they have been flexible with workforce scale in partnership with Anglo, maintaining a presence at sites even during essential services [18] - They expressed confidence in being able to rehire experienced workers as needed [20] Question: Comfort regarding implications for same job, same pay issues - Management noted that they are seeing clients respond positively to these challenges and are working through them [21] Question: CapEx profile for next year - Management confirmed that they do not expect any large increases in CapEx for FY '26, aiming to maintain their financial position [31]