Foschini Group Ltd (JSE:TFG)
R 154.02 -1.51 (-0.97%) Market Cap: 50.05 Bil Enterprise Value: 67.08 Bil PE Ratio: 16.58 PB Ratio: 2.07 GF Score: 86/100

Full Year 2021 Foschini Group Ltd Earnings Call Transcript

Jun 10, 2021 / 08:00AM GMT
Release Date Price: R138.58 (+2.44%)
Anthony E. ThunstrÃ;m
The Foschini Group Limited - CEO, Member of Operating Board & Executive Director

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Good morning, everyone, and a very warm welcome to our TFG 2021 Year-end Results Presentation. Unfortunately, once again, we're unable to be together in person. However, we've tried our best to create a different, more personal atmosphere today, and I hope that you enjoy the new format.

We've got a lot of ground to cover in today's presentation. We have made a conscious effort to try to streamline the formal slides as much as possible whilst moving the more granular detailed information to the appendices. We've also set aside more time for the Q&A at the end of the presentation.

Given all the complexities of what has transpired over the last year, we've distilled the presentation down to 4 key topics. Firstly, understanding the impact that COVID had on our business in 2021, to provide context for our reported results and some guidance as to how we believe the business will perform in a post-lockdown world.

Secondly, we'll take you through our group

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