Full Year 2019 OFX Group Ltd Earnings Call Transcript

May 21, 2019 / NTS GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the OFX FY '19 Financial Results Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Tuesday, the 21st of May, 2019.

I would now like to hand the conference over to our first speaker today, Mr. Skander Malcolm, Chief Executive Officer of OFX Group. Thank you, sir. Please go ahead.

John Alexander Malcolm - OFX Group Limited - CEO, MD & Director

Well, thank you, Christian. And thank you, everyone, for joining the call. As Christian mentioned, I'm joined by Selena Verth, our CFO; and Matt Gregorowski, who leads our Investor Relation Program with Citadel-MAGNUS. Selena and I will take you through the pages and then there'll be some time for Q&A. We'll cover the full year result and what drove it as well as our outlook for FY '20. And for those of you who aren't aware, the pack is on the ASX website.

Let's move straight to Slide 4. FY '19 was a strong operating result with net operating income up 8%, underlying EBITDA up 8.1% and

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