Medical Developments International Limited (MDDVF) Q2 2026 Earnings Call February 18, 2026 7:01 PM EST
Company Participants
Brent MacGregor - Chief Executive Officer
Anita James - Chief Financial Officer
Presentation
Operator
Thank you for standing by, and welcome to the Medical Developments International FY '26 Half Year Results. [Operator Instructions]
I would now like to turn the conference over to Mr. Brent MacGregor, CEO. Please go ahead.
Brent MacGregor
Chief Executive Officer
Thanks very much, and good morning, everybody. I want to welcome you to today's investor briefing for our FY '26 half year results. I am Brent MacGregor, I'm the CEO, and I'm joined today by Anita James, our Chief Financial Officer.
So today, I'm going to share with you an overview of our results and the company's key achievements in the half year, and I'll take you through the drivers of our future growth. Anita will then speak to the financials in more detail, after which I'll give you some closing remarks. And of course, there'll be plenty of time for questions at the end of the presentation.
So on that note, let's go to Slide 3. Thank you very much. So starting here, these are our key messages. So the results we have released today really illustrate the progress we are making on our strategy. Now having put the business on a sound financial footing in FY '25, our key priorities in FY '26 -- our key priority in FY '26 has been accelerating Penthrox's volume growth. And I'll come to that.
So overall, our financial performance in the period was improved. Now if you take out foreign exchange movements, underlying earnings in our first half were stronger, and we're pleased to report positive operating cash flow for the period. It's a great result that reflects the margin improvements we've been implementing