So, for example, our dependence on a very big contractor community in our IT spend, we have now reduced that by some 30 percent. The way we do work, the amount we travel. So we have, for example, cut our travel expenses from the pre-COVID time by some 30 to 40 percent in 2024.
Jan 30, 2025 / receipt, needs a key / Wael, CEO | earnings call 2025-01-30 | transcript 37bb4473-14cc-40bc-aa0f-c6b40dd05587 | chars 20606-20883 | segment 20
We also, of course, have had a difference between what would have been the voluntary market before in terms of the drop-in, of course, of different fuels. You're right, that has come down in recent times, but that obviously goes back and forth along the way. The other part of it, of course, is that Ryazan sits there as well. And Ryazan, of course, in what we've seen in Brazil over the last couple of quarters is we've seen actually a lot of ethanol into the market now i can either take that as being very worrying or actually take it as being we know there will be a change because what brazil will do as it typically does you have the flexibility of course for cars to run their dual fuel they can flip between ethanol and normal fuel they will change the requirements there which is what they've done year on year and that will require basically more ethanol input into which will increase the market as well So you see that, but you're right, it's at a low price now. And beyond that, of course, there's things like aviation and marine in there. And of course, what you typically see is that you'll see the ramp up, particularly for aviation, coming towards the traveling season. It's pretty low at the moment, but to be fair, it has not come back since what we saw pre-COVID as well. Beyond that... which I think is where you're going to as well. Investments going forward, clearly they'll be at the hurdle rate and that's where we're very thoughtful. What we've seen is actually the EVP for
May 2, 2024 / receipt, needs a key / Sinead, CFO | earnings call 2024-05-02 | transcript 3d538cf9-85b9-4ebb-a343-53734bf76557 | chars 55324-56823 | segment 56
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company_statement / Sep 15, 2026 / receipt
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company_statement / Sep 14, 2026 / receipt
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company_statement / Sep 14, 2026 / receipt
| Sinead Gorman | Chief Financial Officer | receipt | |
| Sinead O'Flynn | CFO | - | receipt |
| Wael Sawan | CEO | - | receipt |
| 2026-10-29 | earnings call | scheduled | ir |