Half Year 2020 Aryzta AG Earnings Call Transcript

Mar 10, 2020

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Mar 10, 2020 / 07:30AM GMT
Operator

Welcome to the ARYZTA AG's H1 2020 Results Call, hosted by Kevin Toland, CEO; and FrÃ©dÃ©ric Pflanz, CFO. (Operator Instructions)

I'll now hand you over to Gerard Wichers, Head of Investor Relations.

Gerard Van Buttingha Wichers - ARYZTA AG - Head of IR

Good morning, ladies and gentlemen. Thank you for taking the time to join our call this morning. I just want to briefly draw your attention to the safe harbor statement on Slide 2, which applies to today's announcement and discussion.

I would also like to draw your attention to Slide 3 regarding the impact of the adoption of IFRS 16 leases. Comparatives have not been restated in accordance with transitional guidelines. To enable analysis versus prior year, the H1 20 percentage growth is presented before and after the effects of IFRS 16 in this presentation.

Present on the call are Kevin Toland and FrÃ©dÃ©ric Pflanz, CEO and CFO, for ARYZTA, respectively.

Before taking your questions, they will provide a summary overview of our first half 2020 performance. I will now turn it

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