Pernod Ricard : Q3 2019-20 sales: double-digit organic decline forecast and forex effects also negative
>Our Q3 2019-20 sales forecast is 6% below the consensus - Pernod Ricard is due to report its sales for Q3 2019-20 (January to March 2020 ) on 23 April before trading. We forecast Q3 2019-20 sales of € 1.585bn, which is 20.9% lower than Q3 2018-19. This estimate is 5.9% below the company-compiled consensus. We forecast an organic decline in Q3 of 18.6% (vs -15.9% for the consensus). We also expect a sharply negative currency effect in the quarter (-2.3%e) wh...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.
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.
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