Full Year 2024 Woolworths Holdings Ltd Earnings Call Transcript

Sep 04, 2024 / 07:30AM GMT
Roy Bagattini - Woolworths Holdings Ltd - Group Chief Executive Officer, Executive Director

Good morning, everyone, and welcome to our 2024 annual results presentation. We'll start this morning with a high-level overview of our performance for the year, and I will then hand over to Group Financial Director, Zaid Manjra, who will take you through the details of our financial results for the period. I will then update you on how we're progressing against our various strategies and share some thoughts regarding our outlook before opening up to questions.

Starting with an overview of the year, the numbers we'll be focusing on relate to our continuing operations because as you'd recall, we sold David Jones earlier last year, an outcome which has been truly transformational for our group and our shareholders. And so the numbers we're talking to today exclude that business from last year's base. FY24 is also a 53 week year for us, but we'll focused mainly on the comparable 52-week performance.

So turning to the actual results, this year has been a lot more challenging than we'd expected largely

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