Full Year 2020 Capital & Counties Properties PLC Earnings Call Transcript
Good morning, welcome to Capco's Annual Results Presentation. This is the agenda for today. I'll start with an introduction and overview as well as an update on our sustainability strategy. Situl will present the financial review, and Michelle will update on Covent Garden. I'll then finish with a summary and outlook, followed by questions from analysts.
2020 was a very challenging year. However, our strong financial position enables us to take proactive decisions to protect the long-term value of our Covent Garden estate, take advantage of market opportunities and position the business to return to growth and prosperity. The upcoming easing of restrictions, return of office workers and the reopening of hospitality, retail and leisure activities will lead to a gradual return of domestic footfall. Whilst there are near-term challenges and an uncertain economic outlook, we are optimistic that the enduring appeal of Covent Garden would drive a recovery of footfall and trade over the course of this year and next
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