Report
Fatma Agnès Hamdani

Pernod Ricard : Strategic course maintained despite the turbulence to be expected in the short term

>Recap on the assumptions factored into the new guidance - We held two conference calls with the head of investor relations at Pernod Ricard. On 24 March last, Pernod Ricard revised down its guidance for FY 2019-20 and now expects underlying operating profit to be down 20% on an organic basis. This new revision factors in the following trends: 1/ a slower-than-expected recovery in China; 2/ -80%e for travel retail sales between February and June; and 3/ for the rest o...
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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