Tiger Brands Ltd (JSE:TBS)
R 236.55 -2.6 (-1.09%) Market Cap: 36.86 Bil Enterprise Value: 39.97 Bil PE Ratio: 12.83 PB Ratio: 2.15 GF Score: 88/100

Full Year 2019 Tiger Brands Ltd Earnings Call Transcript

Nov 22, 2019 / 08:00AM GMT
Release Date Price: R216.69 (-6.56%)
Nikki Catrakilis;Wagner
Tiger Brands Limited - IR Director

Good morning, ladies and gentlemen. Welcome to Tiger Brands' Year-End Results Presentation for the Year Ended September 2019. My name is Nikki Catrakilis-Wagner and I'm responsible for Investor Relations.

The program for today is the same as every cycle. We'll begin with an overview by Lawrence MacDougall, CEO; Noel Doyle, the CFO, will provide a financial and operational performance overview; and Lawrence will conclude the presentation with some concluding remarks, after which we'll open up to Q&A.

Before we begin the presentation, I, as usual, draw your attention to the forward-looking statement.

With that, I'll hand over to Lawrence.

Lawrence MacDougall

Thanks, Nikki. Good morning, everybody. As we kick off, I think those of you that have read the results will see it's a disappointing set of results for 2019, I think one that reflects both the tough macroeconomic environment, the tough trading conditions, but also, I think, some own goals that we scored in

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