Report
Fatma Agnès Hamdani

Pernod Ricard : T3 en ralentissement, mais potentiel d’amélioration opérationnelle intact

>Le groupe peut faire mieux que ses guidances - Le groupe publiera son T3 le 18 avril. Au-delà du ralentissement du T3, nous pensons que le groupe a la capacité de faire mieux que ses guidances, notamment du fait de la forte rentabilité de la filiale US. Nous attendons désormais une marge opérationnelle groupe de 30% en 2021/22. Le groupe devrait égrener les bonnes nouvelles au cours des 18 mois à venir. Compte tenu de l’amélioration attendue des performances opératio...
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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