Associated British Foods PLC (LSE:ABF)
£ 27.22 0.08 (0.29%) Market Cap: 20.43 Bil Enterprise Value: 22.93 Bil PE Ratio: 17.61 PB Ratio: 1.86 GF Score: 87/100

Half Year 2020 Associated British Foods PLC Earnings Call Transcript

Apr 21, 2020 / 08:00AM GMT
Release Date Price: £18.66 (-6.07%)
Operator

Hello, and welcome to the Associated British Foods interim results presentation. My name is Courtney, and I'll be your coordinator for today's event. Please note that this conference is being recorded. (Operator Instructions)

And I will now hand you over to your host, George Weston, Chief Executive, to begin today's conference. Thank you.

George Garfield Weston
Associated British Foods plc - CEO & Executive Director

Thank you, Courtney. I assume that I'm now live even without the beep. Assuming I am, thanks to all of you for joining this fairly extraordinary results presentation for the 24 weeks ended the 29th of February. I hope you're all keeping well and comfortable and sane.

Let me start with some introductory remarks on Page 2. We really have felt from the very start that we are squarely in the path of this pandemic. We closed all our Primark stores by the 22nd of March. And at the same time, we started locking down our food manufacturing sites to ensure that they could keep producing the food that this country so crucially requires

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