Bryan Garnier - Pernod Ricard (UG) PERNOD RICARD: Another tough quarter ahead of us | NEUTRAL | EUR172 vs. EUR176 (+8%)

Report

Bryan Garnier

Virginie Roumage

PERNOD RICARD: Another tough quarter ahead of us | NEUTRAL | EUR172 vs. EUR176 (+8%)

PERNOD RICARD - NEUTRAL | EUR172 vs. EUR176 (+8%)
Another tough quarter ahead of us

India softer than previously expected in 2019/20
Weakness in Q2 sales
Full year EBIT increase to be more skewed towards H2
Fair Value downgraded to EUR172

13/01/2020 3 EN

Underlying

Pernod Ricard

See profile

Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

See profile

Analysts

Virginie Roumage

Other Reports on these Companies

Sabadell

INFORME DIARIO 24 JULIO + RDOS. ESPAÑA Y EUROPA 2T’25. IDEAS DESTACADAS Y PREVIEWS (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: ACS, BANKINTER, CAF, COLONIAL, IBERDROLA, INDRA, REPSOL, ROVI, VIDRALA. EUROPA: BNP PARIBAS, DEUTSCHE TELEKOM, NOKIA, PERNOD RICARD, UNICREDIT. Incluido en el informe diario de hoy, y durante toda la campaña de resultados, incorporamos al final una presentación con los resultados destacados en positivo y negativo y previews de Rdos. 2T’25 que se publicarán en España y Europa en los próximos días. Mayores esperanzas en las negociaciones comerciales Celebración y optimismo en las bolsas europeas, que recuperan lo perdido el día anterior, rebotando ...

EUR 100.00

July 24, 2025 July 24, 2025 1 ES

Sabadell

PERNOD RICARD: RDOS. 1S’25 (ANÁLISIS BANCO SABADELL)

Rdos. 2T'25 vs 2T'24: Ventas: 3.393 M euros (-4,4% vs -0,8% BS(e) y -3,4% consenso); Rdos. 1S'25 vs 1S'24: Ventas: 6.176 M euros (-6,3% vs -4,3% BS(e) y -5,8% consenso); EBIT: 1.985 M euros (-7,4% vs -6,4% BS(e) y -7,8% consenso); BDI: 1.274 M euros (-11,5% vs -9,6% BS(e) y -11,1% consenso).

EUR 100.00

February 6, 2025 February 6, 2025 1 ES

Sabadell

INFORME DIARIO 06 FEBRERO + RDOS. ESPAÑA Y EUROPA 4T’24. PREVIEWS (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: ARCELOR MITTAL, CELLNEX, SECTOR AUTOPISTAS, TALGO. EUROPA: AIRBUS, ING GROEP, PERNOD RICARD, SIEMENS, SOCIÉTÉ GÉNÉRALE. Incluido en el informe diario de hoy, y durante toda la campaña de resultados, incorporamos al final una presentación con los resultados destacados en positivo y negativo y previews de Rdos. 4T’24 que se publicarán en España y Europa en los próximos días. El Ibex sigue imparable La sesión volvió a estar marcada por los comentarios de D. Trump y su plan sobre Gaza, donde se teme un repunte de la tensión geopolítica además de la...

EUR 100.00

February 6, 2025 February 6, 2025 1 ES

End of coverage

From 5th August 2025, we will no longer include the following companies in our coverage:EVOTECMEDIOSDBV Technologies

36m 36m 1 EN

Maria Vara

Maria Vara

Median Technologies: EUR23.5m capital raise extends runway into Q4 2026

Median Technologies successfully secured a capital raise via ABSA of EUR23.5m in total gross proceeds, priced at EUR1.66 (at ~18% discount to 20-day VWAP). The offering was oversubscribed, surpassing the initial EUR22m target, with 64% backed by existing shareholders, 2% by a public offering in Fra

August 4, 2025 August 4, 2025 1 EN

Clément Genelot

Clément Genelot

Ceconomy: walking down the aisle with JD.com and a €4.6 offer

JD.com has presented its €4.6 cash bid with an acceptance period opening in Aug/Sep and delisting around Jun 2026. Support from strong anchor shareholders and a deal structured to avoid political scrutiny makes us more confident in the likelihood of it materialising. PT consequently aligned with th

August 1, 2025 August 1, 2025 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

PERNOD RICARD: Another tough quarter ahead of us | NEUTRAL | EUR172 vs. EUR176 (+8%)

INFORME DIARIO 24 JULIO + RDOS. ESPAÑA Y EUROPA 2T’25. IDEAS DESTACADAS Y PREVIEWS (ANÁLISIS BANCO SABADELL)

PERNOD RICARD: RDOS. 1S’25 (ANÁLISIS BANCO SABADELL)

INFORME DIARIO 06 FEBRERO + RDOS. ESPAÑA Y EUROPA 4T’24. PREVIEWS (ANÁLISIS BANCO SABADELL)

End of coverage

Median Technologies: EUR23.5m capital raise extends runway into Q4 2026

Ceconomy: walking down the aisle with JD.com and a €4.6 offer

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe