Johannesburg, South Africa – MultiChoice Group Limited had its Q2 2025 Earnings Conference Call on November 13, 2024, at 8:00 AM ET. The Company’s top executives, including CEO Calvo Mawela and CFO Tim Jacobs, along with Head of Investor Relations Meloy Horn, were present for the call. The call was attended by financial analysts such as Jono Bradley from ABSA and Jared Hoover from RMB Morgan Stanley. Participants were informed that the call was being recorded and that questions would be addressed later in the conference.

Meloy Horn initiated the conference, thanking attendees for joining and ensuring they had received the necessary information on the company’s results. CEO Calvo Mawela then took over, acknowledging the challenges faced over the past year and a half, including significant foreign exchange fluctuations and economic difficulties in the markets they operate in, leading to disappointing subscriber growth. Despite these challenges, Mawela emphasized the company’s dedication to delivering top-quality video entertainment content to its customers.

The presentation delved into the company’s strategy amidst the challenging environment, highlighting their commitment to execution and customer satisfaction. The team expressed a sense of urgency in adapting to the changing circumstances, pushing beyond the norm to meet customer expectations and deliver on their promises. Deputy CFO Byron Du Plessis joined the discussion for the Q&A session, offering additional insights into the company’s financial performance and strategies moving forward.

Overall, the conference call provided a transparent look into the company’s operations, outlining both the challenges faced and the proactive measures being taken to navigate through these turbulent times. MultiChoice Group Limited remains focused on its mission to provide exceptional entertainment content while addressing the various economic and operational hurdles within their industry.