Coronado Global Resources Inc. (CODQL) Q4 2025 Earnings Call Transcript

SA Transcripts158.57K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Coronado Global Resources Inc. (CODQL) Q4 2025 Earnings Call February 23, 2026 6:00 PM EST Company Participants Douglas Thompson - CEO, MD & DirectorBarend Van Der Merwe - Group Chief Financial Officer Conference Call Participants Daniel Roden - Jefferies LLC, Research DivisionGlyn Lawcock - Barrenjoey Markets Pty Limited, Research DivisionRobert Stein - Macquarie ResearchNathan Martin - The Benchmark Company, LLC, Research DivisionFintan Collins - UBS Investment Bank, Research Division Presentation Operator Thank you for standing by, and welcome to the Coronado Global Resources Full Year Results Presentation. [Operator Instructions] I would like to now hand the conference over to Douglas Thompson, Managing Director and CEO. Douglas, please go ahead. Douglas ThompsonCEO, MD & Director Thank you, Andrew, and good morning, and thank you, everybody, for joining us for our full year results presentation. I'm Douglas Thompson, Managing Director and CEO, and I'm joined by our Group CFO, Barrie Van Der Merwe. Today, we'll take you through our performance, the transition journey that is underway across our portfolio and how these actions position us for a strong 2026. We'll also highlight the delivered projects, our liquidity improvements, and we'll talk about our guidance. But before we start, please note the important normal notices that need to be provided at these meetings. Today's presentation includes summary information, references to U.S. GAAP and non-GAAP measures and forward-looking statements subject to risks and uncertainties. We encourage investors to review the filings and the reconciliations provided in the appendix. 2025 was a year of execution. We advanced our strategy and delivered record production in the second half of the year, reduced our costs materially and completed key growth projects that set the company up for the future. Coronado is a leading global producer and has a full range of metallurgical coal products. Our