Burberry Group PLC (LSE:BRBY)
£ 11.885 0.235 (2.02%) Market Cap: 4.26 Bil Enterprise Value: 5.15 Bil PE Ratio: 9.83 PB Ratio: 3.91 GF Score: 78/100

Interim 2020 Burberry Group PLC Earnings Call Transcript

Nov 14, 2019 / 09:30AM GMT
Release Date Price: £21.29 (+3.35%)
Marco Gobbetti
Burberry Group plc - CEO & Executive Director

All right. Good morning, everyone. Thank you for joining us today for our interim results presentation. I will start with a brief introduction, followed by Julie, who will cover our financial results and guidance. After this, I will give you an update on our strategic progress as well as our upcoming focus areas and priorities. We will close with a Q&A.

Two years ago, we set out our multiyear journey to reenergize Burberry. Our goal was to transform the way consumers view our brand and firmly establish Burberry in luxury fashion. The last 18 months have been focused on building our foundations and creating brand heat. And as we come towards the end of the first phase of the strategy, I am very pleased to say that we're now starting to see the first results of this transformation.

Since Riccardo arrived, we have launched 3 collections, each of which has generated an excellent response from customers and delivered double-digit sales growth. Performance is also starting to come through in our underlying business. As you

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