Woolworths Holdings Ltd (FRA:WN30)
€ 3.02 -0.02 (-0.65%) Market Cap: 2.73 Bil Enterprise Value: 3.55 Bil PE Ratio: 21.65 PB Ratio: 5.16 GF Score: 83/100
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Half Year 2023 Woolworths Holdings Ltd Earnings Call Transcript

Mar 01, 2023 / NTS GMT
Release Date Price: €3.84 (-2.54%)
Roy Enzo Bagattini
Woolworths Holdings Limited - Group CEO & Executive Director

Good morning, and welcome to our 2023 interim results presentation. We'll start off this morning with an overview of our group's performance, and then I want to go straight into an update on some of our strategic initiatives and more specifically, how we are delivering against our investment thesis which you'd recall, we shared with you this time last year. And then I'll hand over to Reeza Isaacs, our Group Financial Director, who will be taking you through the detail of our financial results for the half. And then I'll come back and share some thoughts regarding our outlook and open up for questions.

So starting with an overview of our period. The group's turned in a strong set of results for the half. It is worth noting that this past period is not entirely comparable to that of last year, given the government-enforced COVID lockdowns in Australia, which resulted in many of our stores being closed to trade. And then here in South Africa, we have the pronounced and ongoing impact that loadshedding is having on our

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