Bryan Garnier - Pernod Ricard (UG) PERNOD RICARD: Off-trade proving to be resilient | BUY | EUR164 vs. EUR166 (+13%)

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Bryan Garnier

Virginie Roumage

PERNOD RICARD: Off-trade proving to be resilient | BUY | EUR164 vs. EUR166 (+13%)

PERNOD RICARD - BUY | EUR164 vs. EUR166 (+13%)
Off-trade proving to be resilient

China/India/the global on-trade to improve gradually in 2020/21
Off-trade in the US and Europe to show resiliency
Travel Retail as the big black spot
FV cut to EUR164

03/09/2020 5 EN

Underlying

Pernod Ricard

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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.

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Analysts

Virginie Roumage

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PERNOD RICARD: Off-trade proving to be resilient | BUY | EUR164 vs. EUR166 (+13%)

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

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

PERNOD RICARD: VENTAS 1T’25 (ANÁLISIS BANCO SABADELL)

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Avantium: multi-year capacity reservation with Royal Hordijk

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