Tesco PLC (OTCPK:TSCDF)

$ 4.51 -0.1 (-2.17%) Market Cap: 30.97 Bil Enterprise Value: 42.59 Bil PE Ratio: 19.05 PB Ratio: 2.25 GF Score: 77/100

Full Year 2020 Tesco PLC Earnings Debt Investor Update Call Transcript

Apr 08, 2020 / 10:15AM GMT

Release Date Price: $3.54 (+1.44%)

Transcript

Operator

Hello and welcome to the Tesco debt investor call. (Operator Instructions). Just to remind you, this conference call is being recorded. Today I am pleased to present Alan Stewart, Group CFO; and Lynda Heywood, Group Treasurer.

Please go ahead with your meeting.

Alan Stewart

Tesco PLC - Group CFO

Thank you very much and good morning, everybody. As Alexandra has said, I'm joined by Lynda, as usual, on the call. Today we announced our results for the year February 29, and while it now seems a long time ago, I actually say that we were very pleased with the performance of the business last year. We finished the turnaround plan that we started five years ago. And by focusing completely on customers, re-engaging our colleagues, and completely rethinking our relationship with suppliers, we were able to deliver value for our shareholders and our stakeholders. We exceeded all of the goals we set.

But before we get into the business (technical difficulty) perspectives, I just want to acknowledge the very real and very serious human impact of this

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