Aurizon Holdings Limited recently held a presentation to discuss their full year 2025 results. The event took place in Brisbane, with Andrew Harding, Managing Director & Chief Executive Officer, opening the call by acknowledging the Traditional Custodians of the land. He was joined by Gareth Long, acting CFO & Group Executive Strategy, George Lippiatt, Group Executive Bulk & Containerised Freight, Ed McKeiver, Group Executive Coal, and David Wenck, General Counsel and Head of People. Key points from the presentation included the progress of the Network Ownership Review, which remains ongoing with no decision made yet. The review aims to assess the portfolio and capital structure of the company. Furthermore, the company has identified a cost base reduction of approximately 200 full-time-equivalent roles, which will be fully implemented in FY2026. Highlighting growth opportunities, the company emphasized the strength of their Network and Coal businesses while pursuing expansion in Bulk and Containerised Freight. The presentation also touched on the investment in Bulk, with a focus on the recently announced BHP Copper South Australia contract, described as providing "a solid foundation to build upon." The full transcript can be accessed through the link below.