Woolworths Group Ltd Market Update Analyst Call Transcript

Feb 15, 2024

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Jun 23, 2020 / 12:15AM GMT
Operator

Thank you for standing by and welcome to the Woolworths Group Market Update Analyst Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Brad Banducci, Managing Director and CEO of Woolworths Group. Please go ahead.

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

Good morning, everyone. Thank you for joining us on this analyst call today to cover the announcement of Woolworths Group released to the ASX this morning.

Joining me in the room are our Chief Financial Officer, Stephen Harrison; and our Chief Supply Chain Officer, Paul Graham. I will begin with a few brief points from the announcement before handing over for Q&A.

Today, we have announced plans to transform our grocery supply chain network in New South Wales with the construction of 2 new distribution centers at Moorebank Logistics Park in Sydney with the initial construction to be completed by the end of calendar year 2023.

The payments received at Moorebank will support our growth, materially

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