Kering SA (MEX:KER)
MXN 5466 0 (0%) Market Cap: 579.48 Bil Enterprise Value: 894.25 Bil PE Ratio: 13.05 PB Ratio: 1.82 GF Score: 68/100

Q1 2020 Kering SA Corporate Sales Call Transcript

Apr 21, 2020 / 04:00PM GMT
Release Date Price: MXN12435
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Kering 2020 First Quarter Revenue Conference Call. (Operator Instructions) There will be a presentation followed by question-and-answer session. (Operator Instructions) I must advise you, the call is recorded today, on Tuesday, the 21st of April 2020.

And I would now like to hand over to your speaker today, Mr. Jean-Marc Duplaix, Chief Financial Officer. Thank you.

Jean;Marc Duplaix
Kering SA - CFO

Good evening. And thank you for joining our first quarter revenue presentation. We've all gone through an unprecedented quarter, personally as well as professionally, and I hope you are all doing well, in good health and keeping safe.

On Slide 3, you see the heavy impact COVID-19 has had on our top line. At EUR 3.2 billion, it was down slightly above 15% reported and 16% comparable, implying an FX tailwind of 1 percentage point. Our Luxury Houses contribute the bulk of our revenue, and I will elaborate further shortly. Our corporate segment, mostly includes Kering

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot