Casino Guichard-Perrachon SA (OTCPK:CGUIF)
$ 3.25 0 (0%) Market Cap: 460.52 Mil Enterprise Value: 3.50 Bil PE Ratio: 0 PB Ratio: 0.33 GF Score: 50/100

Half Year 2023 Casino Guichard Perrachon SA Earnings Call Transcript

Jul 27, 2023 / NTS GMT
Release Date Price: $673
Operator

Welcome to the 2023 half year results conference call. I'll now hand over to Mr. David Lubek, Chief Financial Officer of Casino Group. Please go ahead, sir.

David Julien Emeric Lubek
Casino, Guichard-Perrachon S.A. - CFO

Good morning, everyone, and welcome to Casino H1 results conference call. A few words of introduction before going through our presentation. On May 25, 2023, the President of the Paris Commercial Court decided to open a conciliation procedure for Casino Group for an initial period of 4 months which may be extended by a further month. The purpose of this procedure is to enable the groups to engage in discussions with its financial creditors within a legally secure framework. The conciliation procedure only concerns the financial debt of Casino, Guichard-Perrachon S.A. and certain of its subsidiaries. All information regarding the conciliation procedure is available on the company's website, and no comments will be made on this procedure during this presentation, which is focused on H1 results. As an aside, given this ongoing procedure and the legal

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