Coles Group Ltd (FRA:2OF)

€ 11.3 0.2 (1.8%) Market Cap: 15.35 Bil Enterprise Value: 21.02 Bil PE Ratio: 22.68 PB Ratio: 7.00 GF Score: 72/100

Full Year 2019 Coles Group Ltd Earnings Call Transcript

Aug 22, 2019 / 12:00AM GMT

Release Date Price: €8.13 (+2.14%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Coles Group Limited Full Year Results 2019 Conference Call. (Operator Instructions)

At this time, I'd like to turn the call over to Mr. Steven Cain, CEO of the Coles Group. Please go ahead.

Steven Cain

Coles Group Limited - MD, CEO & Director

Thank you and welcome to the Coles 2019 full year results announcement.

For those of you that don't know me, I'm Steve Cain, the Chief Executive Officer of Coles. I'm joined by Leah Weckert, who is our -- as many of you know, our Chief Financial Officer.

I'm just going to take you through a high-level summary today, not the full presentation deck, before handing over to Leah to take you through the headline financials.

Obviously, we had our Investor Day in June, and this is really an update on how we're traveling. If we go to Slide 3, you can see that F '19 has been a transformative year for Coles, bookended by 2 key events which was the demerger in November and then our Investor Day in June.

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