J Sainsbury plc (OTCQX:JSNSF) Q4 2020 Earnings Conference Call April 30, 2020 5:00 AM ET Company Participants Kevin O'Byrne - CFO Mike Coupe - CEO Conference Call Participants James Anstead - Barclays Bruno Monteyne - Bernstein Rob Joyce - Bernstein Maria-Laura Adurno - Morgan Stanley Tom Davies - Berenberg Nick Coulter - Citi Victoria Petrova - Credit Suisse Andrew Gwynn - Exane Xavier Le Mene - Bank of America Securities Clive Black - Shore Capital Markets Andrew Porteous - HSBC Kevin O'Byrne Good morning ...

J Sainsbury plc Preliminary Results 2019/20 J Sainsbury pIc Frozen food Kevin O'Byrne Chief Financial Officer Agenda 01 Financial highlights 02 19/20 performance 03 COVID-19 update 3 Preliminary Results 2019/20 - April 2020 Group performance overview | --- | --- | --- | --- | --- | |--------------------------------------------|---------|---------|-------|--------| | £m | 2019/20 | 2018/19 | | Change | | Underlying results1 | | | | | | Group sales (inc VAT) | 32,394 | 32,412 | | 0% | | Retail operating profi ...

Interim Results 2019/20 Kevin O'Byrne Chief Financial Officer J Sainsbury plc Financial overview • First period reporting on an inc. IFRS 16 basis - Material impacts on depreciation, finance costs and net debt • UPBT £238m (H1 2018/19 £279m) - Phasing of cost savings, weather, higher marketing costs - Delivering on our cost ambitions • Financial services profits up £4m. Modest underlying decline offset by change in transfer pricing • £229m charges excluded from underlying profit - Largely non-cash relating ...