Half Year 2020 Coles Group Ltd Earnings Call Transcript
Thank you for standing by, and welcome to the Coles Group Limited Half Year FY '20 Results Conference. (Operator Instructions)
I would now like to hand the conference over to Mr. Steven Cain, CEO. Please go ahead.
Thank you, and good morning, everyone. Welcome to the Coles 2020 Half Year Results Announcement. Joining me today on the call is Leah Weckert, our Chief Financial Officer, and you'll be hearing more from her later. We'll open up for Q&A after a short presentation, and now I'll kick off. What we're about to say complements the ASX trading update that we made on the 6th of February.
So these half year results, covering the first 6 months since we did our strategy refresh back in June, showed solid progress that we're making on our Winning in our Second Century strategy execution. Three things to call out financially. First is that sales grew 3.3% in the half to $18.8 billion, with growth pleasingly across all of the segments. EBIT increased by 0.4% to $725 million,
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
