Q4 2020 Del Monte Pacific Ltd Earnings Call Transcript

Jul 24, 2020 / 01:00AM GMT
Ignacio Carmelo O. Sison - Del Monte Pacific Limited - Chief Corporate Officer

Good evening to our conference call participants in the U.S., and good morning to our call participants in Asia, including Singapore, the Philippines and other locations. This is the conference call for the fourth quarter and full year results of Del Monte Pacific Group, or DMPL, ending April 2020.

Representing Del Monte in this call are Cito Alejandro, Group Chief Operating Officer of DMPL; Parag Sachdeva, Group CFO of DMPL and Del Monte Foods', Chief Operations Officer and CFO; Greg Longstreet, CEO of Del Monte Foods. And this is Iggy Sison, Chief Corporate Officer of DMPL.

Before we start the call, may we request everyone to please mute his or her phone. Thank you.

So Parag Sachdeva will now present our results.

Parag Sachdeva - Del Monte Pacific Limited - CFO

Thank you, Iggy. On Slide 5, starting with the fourth quarter highlights. Group sales expanded by 48% due to pandemic-driven higher consumption of healthy and culinary home products, with U.S.

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