Woolworths Group Ltd (ASX:WOW)

A$ 31.33 -0.09 (-0.29%) Market Cap: 38.27 Bil Enterprise Value: 52.62 Bil PE Ratio: 2,610.84 PB Ratio: 7.51 GF Score: 74/100

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Woolworths Group Ltd Strategic Investment in PFD Food Services Announcement Call Transcript

Aug 19, 2020 / 04:30AM GMT

Release Date Price: A$34.38 (+0.95%)

Transcript

Operator

Thank you for standing by, and welcome to the Woolworths Group Analyst Conference Call. (Operator Instructions) I would now like to hand the conference over to Mr. Brad Banducci, Managing Director and CEO of Woolworths Group. Please go ahead.

Bradford Leon Banducci

Woolworths Group Limited - MD, CEO & Executive Director

Good afternoon, everyone, and thank you for joining us at short notice. I know it is a very busy time of the year for everyone in the middle of reporting season, and you will have some time -- you will have only had limited time to look at the material we released today. So I'll just do a brief introduction and then go into question and answer. I'm joined on this call this afternoon by our Chief Financial Officer, Steve Harrison.

We're excited to be announcing an extension of our strategic partnership with PFD Food Services today, one of Australia's leading players in the fragmented foodservice market. This partnership will give Woolworths Group exposure to the out-of-home food and non-retail B2B markets and is a logical adjacency

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