Burberry Group PLC (OTCPK:BBRYF)
$ 12.49 0.3899 (3.22%) Market Cap: 4.48 Bil Enterprise Value: 6.13 Bil PE Ratio: 97.58 PB Ratio: 3.93 GF Score: 63/100
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Preliminary 2019 Burberry Group PLC Earnings Call Transcript

May 16, 2019 / 08:30AM GMT
Release Date Price: $23.55 (-9.77%)
Marco Gobbetti
Burberry Group plc - CEO & Executive Director

Good morning, everyone. Thank you for joining us today for Burberry Preliminary Full Year Results Presentation. In terms of our agenda, I will start with a brief introduction, followed by Julie, who will cover our financial results, guidance and Operational Excellence. After this, I will give you an update on our strategic progress; and Judy Collinson, our Chief Merchandising Officer, will comment on our product evolution. We will close with a Q&A.

Last year, we embarked on our multiyear journey to re-energize Burberry, and over the last 12 months, I'm pleased to say we have made excellent progress. As I will shortly show you, we have transformed the way luxury consumers sees Burberry, substantially evolving our communications, product and distribution.

In tandem, we continue to manage the business with a focus on operational and financial discipline. In line with guidance, we have delivered an increase in group revenue of 2% adjusted for Beauty wholesale at GBP 2.7 billion and maintained adjusted operating profit at

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