3i Group PLC Capital Markets Seminar Transcript
Good morning, and welcome to 3i's Capital Markets Seminar in respect of Action's 2020 financial results. My name is Simon Borrows. I'm the CEO of 3i and Chairman of Action. And also on the line, we have Julia Wilson, CFO of 3i; as well as Sander van der Laan, CEO of Action; and Joost Sliepenbeek, CFO of Action. We plan to go through the Action presentation which has been put on our website this morning.
This morning's Capital Markets Day is focused on Action. But before diving into that subject, I wanted to advise you that the-non Action 3i private equity portfolio continues to perform strongly with good growth across the portfolio as a whole. The last 12 months have been an extraordinary time for all of us and thrown up many challenges and opportunities. Fortunately, we've seen more of the latter than the former in the 3i portfolio. Many of our investee companies, and particularly those in the consumer and retail sector, have had to adapt fast to a rapidly changing environment, and few have done that better than Action. Action has
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