Rural Funds Group (ASX:RFF)
A$ 2 -0.02 (-0.99%) Market Cap: 784.25 Mil Enterprise Value: 1.47 Bil PE Ratio: 9.22 PB Ratio: 0.73 GF Score: 85/100
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Half Year 2021 Rural Funds Group Earnings Call Transcript

Feb 18, 2021 / NTS GMT
Release Date Price: A$2.38 (-2.05%)
James Powell
Rural Funds Group - General Manager of IR, Corporate Affairs & Sustainability - Rural Funds Management Ltd.

Good morning, ladies and gentlemen, and thank you for standing by. Further to the disclosures lodged on the Australian Securities Exchange this morning, welcome to the Rural Funds Group financial results presentation for the half year ended 31 December 2020. My name is James Powell. I'm joined today by David Bryant, Managing Director; Tim Sheridan, Chief Operating Officer; and Daniel Yap, Chief Financial Officer. (Operator Instructions) Please also be advised that the webinar including Q&A will be recorded.

I'll now hand over to the first speaker, Tim Sheridan. Tim, please go ahead.

Tim Sheridan
Rural Funds Group - COO of Rural Funds Management Ltd.

Thank you, James, and good morning, all. I'll now commence with an overview of the half year '21 financial results. Last year, RFM outlined a strategy to develop 5,000 hectares in macadamia orchards over a 5-year period in Central Queensland. The Mary River pictured here provides

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