Report
Jean Danjou

Kering : Demande solide au T1 pour toutes les marques …sauf Gucci

>Croissance organique robuste au T1 à +21% mais Gucci est vraiment en dessous à +13% - Le CA T1 du groupe ressort à 4956 M€ soit une progression y/y en organique de c.+21% (+27% en publié, l’effet change atteignant presque +6 pts), nous tablions sur 4660 M€ soit +16% en org., et le consensus Visible Alpha avant publication s’élevait à 4690 M € (+17% org.). Le chiffre ressort par conséquent près de +6% au-dessus des attentes. Par zones géographiques, les ventes retail ...
Underlying
Kering SA

Kering is engaged in the retail industry, particularly luxury fashion brands. Co.'s operations can be divided into two segments: Luxury and Sport & Lifestyle divisions. The Luxury division includes brands such as Gucci, Bottega Veneta, Yves Saint Laurent, Balenciaga, Boucheron, Sergio Rossi, Alexander McQueen, Girard-Perregaux & JeanRichard, & Stella McCartney. In addition, Co. offers Leather Goods, Shoes, Ready-to-wear, Watches, and Jewelry & Other products. The Sport & Lifestyle division designs & develops footwear, apparel & accessories and includes brands like Puma, Volcom and Electric among others.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean Danjou

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