MultiChoice Group Limited (MCHOY) Q2 2025 Earnings Call Transcript

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MultiChoice Group Limited ( OTCPK:MCHOY ) Q2 2025 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Meloy Horn - Head, IR Calvo Mawela - CEO Tim Jacobs - CFO Conference Call Participants Jono Bradley - ABSA Jared Hoover - RMB Morgan Stanley Operator Good day, ladies and gentlemen, and welcome to the MultiChoice Group Financial Year 2025 Interim Results Call. All participants will be in listen-only mode. There will be an opportunity to ask questions later during the conference.

[Operator Instructions] Please note that this call is being recorded. I would now like to hand the conference over to Meloy Horn. Please go ahead.



Meloy Horn Thank you, Irene and welcome everybody. Thank you for joining our call today. Hope you've all received the details of our results, including today's presentation, by e-mail or on our website.

As a quick introduction, the MultiChoice's panel for today's session is our CEO, Calvo Mawela; and our CFO, Tim Jacobs; while Byron Du Plessis, our deputy CFO, will be joining for the Q&A. So, to get things going, let me hand you over to Calvo. Calvo Mawela Good afternoon everyone and welcome to today's interim result presentation.

Let's start by turning into Slide 2 for some upfront comments. The past year and a half has been one of the most testing periods in our almost 40 years in Africa. Not only do we have to face the most severe foreign exchange environment in the group's history, but with most markets across our footprint still economically challenged, our year-on-year subscriber growth has also disappointed.

Although some things are beyond our control, we did not let it distract from executing on our strategy nor on our commitment to bring our customers the best video entertainment content. Circumstances have forced us to accelerate our normal.