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
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Full Year 2020 Associated British Foods PLC Earnings Call Transcript

Nov 03, 2020 / 09:00AM GMT
Release Date Price: £17.28 (+0.35%)
Operator

Hello, and welcome to the Associated British Foods Plc Annual results Presentation. My name is Jess, and I will be your coordinator for today's event. Please note, this conference is being recorded. (Operator Instructions) I will now hand you over to your host, George Weston, Chief Executive Officer, to begin today's call. Thank you.

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

Thank you, Jess, and thank you all for joining me for this review of the year to the 12 of September 2020. Let me start this time with just a few reflections on the year. We've lost 9 colleagues to COVID around the world, and we remember them. We also have so many people in the food companies in Primark who have been quite extraordinarily committed to producing food as well as for making shops safe for keeping the business going. COVID, I think, has demonstrated the resilience and the adaptability of our food businesses. Perhaps with a devolved operating model, we have been well placed to respond quickly to an, obviously, very rapidly changing and

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