Woolworths Group Ltd (ASX:WOW)
A$ 31.46 0.38 (1.22%) Market Cap: 37.97 Bil Enterprise Value: 52.32 Bil PE Ratio: 2,621.67 PB Ratio: 7.54 GF Score: 78/100

Woolworths Group Ltd to Discuss Proposed Demerger of Endeavor Group Transcript

May 10, 2021 / 12:30AM GMT
Release Date Price: A$34.31 (+2.74%)
Operator

Thank you for standing by, and welcome to the Woolworths Group Demerger of Endeavour Group Analyst Briefing. (Operator Instructions)

I would now like to hand the conference over to Mr. Brad Banducci, CEO. Please go ahead.

Bradford Leon Banducci
Woolworths Group Limited - MD, CEO & Executive Director

Good morning, everyone, and welcome to Woolworths Group's call to discuss the demerger of Endeavour Group. Joining me this morning in the room and available to answer questions later are Stephen Harrison, Woolworths Group Chief Financial Officer; Steve Donohue, Endeavour Group CEO; Shane Gannon, Endeavour Group Chief Financial Officer; and Bill Reid, the Woolworths Group Chief Legal Officer. I will open with some introductory comments, and I'll hand over to Steve Donohue and Shane Gannon to provide an overview of Endeavour, and then we will go to questions.

While I propose to start on Slide 3 of the document that has been sent out, I'll just start by talking about the fact of the Woolworths Group purpose. As a purpose-driven retailer, it's

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