Coles Group Ltd (ASX:COL)
A$ 16.2 0.13 (0.81%) Market Cap: 21.52 Bil Enterprise Value: 29.82 Bil PE Ratio: 20.77 PB Ratio: 6.10 GF Score: 62/100

Full Year 2020 Coles Group Ltd Earnings Call Transcript

Aug 18, 2020 / 12:00AM GMT
Release Date Price: A$18.71 (-1.16%)
Operator

Thank you for standing by, and welcome to the Coles Group Limited FY '20 Results Conference Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Steven Cain, CEO. Please go ahead.

Steven Cain
Coles Group Limited - MD, CEO & Director

Thanks, Travis, and good morning, everybody, and welcome to Coles 2020 full Year results announcement from a lockdown boardroom here in Melbourne, a sunny Melbourne, I might add, which looks more like an operating theater this morning. Joining me on the call today is Leah Weckert, our CFO; and Darren Blackhurst, the Chief Executive of Liquor, who will take us through the details of the refreshed liquor strategy.

It goes without saying that this has been a year like no other. Some may say unprecedented, and the word resilience is also in the air. Just over a year ago, in June 2019, Coles set out a refreshed strategy to transform our business and laid the foundations to succeed in our second century. Since that time, we've been presented with a number of unforeseen challenges,

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