Half Year 2020 Reunert Ltd Earnings Call Transcript

Jun 19, 2020 / 01:00PM GMT
Alan Ernest Dickson - Reunert Limited - Group CEO & Executive Director

Good morning, ladies and gentlemen. Welcome to the Reunert Interim Results Presentation for the period ending 31st of March 2020. My name is Alan Dickson, the Group Chief Executive of Reunert. And together with Nick Thomson, our CFO, we'll be representing these results here today.

Due to the logistical challenges associated with COVID, this is a prerecorded webcast with a live Q&A session immediately after the webcast. (Operator Instructions)

The period under review was a particularly challenging period that was further complicated by the implementation of the national COVID-19 lockdown. The forward-looking requirements of IFRS reporting and an abnormal loss that occurred at our Quince subsidiary. To deconstruct this complexity, the presentation today will focus on the following components: Firstly, the interim trading results highlighting the performance of the 3 operating segments of Reunert, which represents the underlying performance of the group. Secondly, the once-off impairments arising from the forward

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