Tesco PLC (OTCPK:TSCDF)
$ 4.64 0.18 (4.04%) Market Cap: 30.77 Bil Enterprise Value: 42.80 Bil PE Ratio: 19.17 PB Ratio: 2.15 GF Score: 79/100

Full Year 2020 Tesco PLC Earnings Call Transcript

Apr 08, 2020 / 07:30AM GMT
Release Date Price: $3.54 (+1.44%)
Dave Lewis
Tesco PLC - Group Chief Executive & Executive Director

Okay. Very good. Good morning, everybody, and thank you for joining us this morning. As usual, for the safe 2-meter social distance, the way I'm joined by Alan Stewart as normal. And we're both sorry we won't see you in person today, but I'm sure you understand why, and we both hope that you're safe and well.

Today, we're going to announce the results of the year up to the 29th of February. And whilst I'm sure we'll all agree that the 29th of February feels like a long time ago, I just wanted to say by way of introduction that I'm very pleased with the performance of the business last year. We finished the turnaround plan that we started 5 years ago, and indeed, we were able to exceed all of the goals we set.

But as I say, a lot has changed since the 29th of February. So what we're going to do this morning is I'm going to ask Alan to take you through the full year results. And in the second part of the presentation, I'm going to talk to you about COVID-19, what's happened so far, give you some insights there, share

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