Q3 2020 Kering SA Corporate Sales Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Kering 2020 Third Quarter Revenue Call. (Operator Instructions) I must advise you, the call is being recorded today, Thursday, the 22nd of October 2020. I would now like to hand the conference over to your speaker today, Jean-Marc Duplaix, Chief Financial Officer. Please go ahead.
Good evening, and thank you for joining our third quarter revenue call. I hope you are all in good health and keeping safe.
Starting on Slide 4. Group revenue reached EUR 3.7 billion in Q3, down 1.2% comparable and 4.3% reported, implying a 3-point FX headwind. Our Q3 comparable revenue is virtually unchanged year-on-year, a notable achievement in the current environment. Sequentially, we are showing a very material rebound of more than 42 percentage points from the Q2 trough.
I'll focus on our Luxury Houses in a minute. For its part, the corporate segment mostly includes Kering Eyewear, which posted a good performance, up 14% comparable despite
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