Coles Group Ltd (FRA:2OF)
€ 10.8 0.3 (2.86%) Market Cap: 14.73 Bil Enterprise Value: 20.54 Bil PE Ratio: 21.06 PB Ratio: 6.50 GF Score: 74/100

Q1 2022 Coles Group Ltd Corporate Sales Call Transcript

Oct 27, 2021 / 11:00PM GMT
Release Date Price: €11.1 (-0.89%)
Operator

Thank you for standing by, and welcome to the Coles Group First Quarter FY '22 Sales Results Call. (Operator Instructions)

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

Steven Cain
Coles Group Limited - MD, CEO & Director

Thank you, and good morning, everyone. Welcome to Coles' Q1 FY '22 Sales Announcement. Joining me on the call is Leah Weckert, our CFO; and Matt Swindells, our Chief Operations Officer. He will answer any COVID or supply chain questions that you might have today.

We are thankfully presenting our results from an unlocked Melbourne where there is a new energy, smiles and relief all around. The shutters of our [expect] now seem a distant memory. As we enter the third year of our transformation strategy, the emergence of the Delta COVID-19 strain has presented significant new challenges for Coles and the wider industry. I would like to start by acknowledging how well our team, our suppliers, our community partners and the various governments have risen to the challenge. More than 20

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