Vicinity Centres (ASX:VCX)
A$ 1.935 -0.04 (-2.03%) Market Cap: 8.99 Bil Enterprise Value: 13.05 Bil PE Ratio: 27.64 PB Ratio: 0.83 GF Score: 62/100

Half Year 2021 Vicinity Centres Earnings Call Transcript

Feb 17, 2021 / 12:00AM GMT
Release Date Price: A$1.58 (-1.56%)
Grant Lewis Kelley
Vicinity Centres - CEO, MD & Director

Good morning, everyone, and thank you for joining us today for Vicinity's FY '21 Interim Results Briefing. I'm Grant Kelley, CEO and Managing Director of Vicinity. Joining me on the call today are, in speaking order, Nick Schiffer, our Chief Financial Officer; Peter Huddle, our Chief Operating Officer; Carolyn Viney, our Chief Development Officer; and Justin Mills, our Chief Innovation and Information Officer.

I'll begin today's presentation by outlining our key results and achievements for the 6 months to 31 December 2020. I will then explain why we believe Vicinity is well positioned to take advantage of the current market as it continues to recover. And we'll also cover the highlights from our sustainability program. Nick will provide an overview of the financials, and my team will then take you through their respective areas of focus. I will then wrap up and open up the lines for any questions.

Turning first to the results on Page 4. And Vicinity's underlying performance, represented by funds from operations or FFO, was

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