Report
Fatma Agnès Hamdani

Pernod Ricard : Conference call after full-year results: tone cautious yet sanguine

>Feedback on key figures from FY 2019-20 results - Pernod Ricard reported its FY 2019-20 results yesterday morning. Full-year sales came in at € 8,448m, down 9.5% in organic terms, implying an organic decline of 36% in Q4. The decline was led by the APAC division (-48% organic decline in Q4), while the Americas (-30%) and Europe (-26%) divisions were boosted by the resilience of off-trade networks in the US and Europe. Adjusted EBIT stood at € 2,260m for FY 2019-20, ...
Underlying
Pernod Ricard SA

Pernod Ricard produces and distributes wines and spirits. Co. produces aniseed products, vodka, whisky, cognac, rum, gin, liqueurs, champagnes and wines. Co.'s activity is organized around families of products built around brands. Its brands portfolio includes: ABSOLUT vodka, Ricard pastis, Ballantine's, Chivas Regal and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Kahlua and Malibu liqueurs, Mumm and Perrier-Jouet champagnes as well as Jacob's Creek and Brancott Estate wines. Co. is structured into four segments constituted by the following geographic regions: France, Europe (excluding France), Americas, Asia/Rest of the World.

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
Fatma Agnès Hamdani

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