Marks & Spencer Group PLC (LSE:MKS)
£ 2.992 0.066 (2.26%) Market Cap: 6.12 Bil Enterprise Value: 8.22 Bil PE Ratio: 14.38 PB Ratio: 2.16 GF Score: 71/100

Half Year 2021 Marks and Spencer Group PLC Earnings Call (Fixed Income Investor) Transcript

Nov 04, 2020 / 02:00PM GMT
Release Date Price: £0.965 (+4.89%)
Operator

Hello, and welcome to the Marks and Spencer Group fixed income investor call. I'll shortly be handing over to Eoin Tonge, who will introduce the call. So Eoin, please begin.

Eoin P. Tonge
Marks and Spencer Group plc - CFO & Executive Director

Thank you, and good afternoon to everyone, and thank you for joining our call. My name is Eoin Tonge. I'm the, I guess, relatively new group CFO. I joined at the beginning of June, and so I'm glad to be here today to present my first set of results. I'm here with a few members of my team, Dan Brook, our Group Treasurer, whom I think you all know; and Fraser Ramzan, who runs our Investor Relations also and a few other members of our team.

I'm going to quickly just give a quick -- just a quick update in terms of the messages from our announcement this morning. And then hopefully, we'll just move on to Q&A. And I think -- our belief the results in the half year period, we're pretty good in the context of the COVID environment that we're operating in. And overall, group sales were down nearly 16%, and the

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