Coles Group Ltd (ASX:COL)
A$ 17.75 0.01 (0.06%) Market Cap: 23.78 Bil Enterprise Value: 33.17 Bil PE Ratio: 21.23 PB Ratio: 6.55 GF Score: 80/100

Q1 2021 Coles Group Ltd Corporate Sales Call Transcript

Oct 27, 2020 / 11:00PM GMT
Release Date Price: A$17.21 (+0.58%)
Operator

Thank you for standing by, and welcome to the Coles Group Q1 '21 Sales Results Conference Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Steven Cain, the CEO. Please go ahead.

Steven Cain
Coles Group Limited - MD, CEO & Director

Thank you, and good morning, everyone, from the liberated, COVID-light and now sunny Melbourne. I'm joined this morning by Leah Weckert, our CFO.

I'll be taking you through the highlights of Q1 but would like to remind everyone this is a sales call and that we'll be reporting interim profits in February 2021.

The last 4 months in Melbourne have been difficult for everybody, including Coles team members, but I'm delighted to report continued progress on the second year of our strategy execution to deliver long-term, sustainable growth.

Coles is exiting the second wave of COVID a better business with record team engagement and Tell Coles customer satisfaction. Our online and digital capability has improved significantly this year and will continue to improve in

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