Full Year 2019 Suntory Beverage & Food Ltd Earnings Presentation Transcript

Feb 13, 2020 / 08:30AM GMT
Presentation
Feb 13, 2020 / 08:30AM GMT

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Corporate Participants
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* Kazuhiro Saito
Suntory Beverage & Food Limited - President, CEO & Representative Director
* Takayuki Sanno
Suntory Beverage & Food Limited - Executive Officer

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Kazuhiro Saito - Suntory Beverage & Food Limited - President, CEO & Representative Director

This is Kazuhiro Saito. Thank you for attending our results announcement. I will start with an overview of our performance in FY 2019.

In 2019, we achieved growth in both revenue and operating income. We were also able to outperform our revised forecast announced in November, both in terms of revenue and operating income. We achieved double-digit growth in operating income on an organic basis, excluding extraordinary factors, such as M&A. This was a result of our efforts to improve profitability through structural reform and other measures.

2019 was a year in which we were able to regain a certain extent of our profit

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