Lagardere SA (LTS:0HB2)

€ 21.075 -0.375 (-1.75%) Market Cap: 2.97 Bil Enterprise Value: 7.72 Bil PE Ratio: 39.05 PB Ratio: 3.93 GF Score: 72/100

Q1 2020 Lagardere SCA Corporate Sales Call Transcript

Apr 30, 2020 / 08:00AM GMT

Release Date Price: €14.7 (-3.39%)

Transcript

Emmanuel Rapin;re SCA;Head of Financing;IR and Group Treasurer

LagardÃ

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(technical difficulty)

Dag Rasmussen, CEO of LagardÃ¨re Travel Retail division; and Luc Mansion, CFO of LagardÃ¨re Travel Retail division. This morning, you will be presented the Q1 2020 revenue, and the conference will end up with a Q&A session. Please, Arnaud, the floor is yours.

Arnaud LagardÃ;re;re SCA;General;Managing Partner and CEO

LagardÃ

¨ - ¨-&

Thank you, Emmanuel, and welcome to all of you. So as Emmanuel said, we're here to present LagardÃ¨re's revenue for the first quarter of 2020 and we will not take any questions outside Q1 issues and, obviously, what we see business-wise for the rest of the year. Before we start, let me just hope that everyone and their family are safe and well. And please take care of yourself wherever you are in this crazy planet.

So we finished last year, 2019, as you saw, with a very strong performance. And we

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