Lagardere SA (FRA:LAG)

€ 21.15 0.1 (0.48%) Market Cap: 2.99 Bil Enterprise Value: 7.74 Bil PE Ratio: 38.64 PB Ratio: 3.89 GF Score: 82/100

Full Year 2018 Lagardere SCA Earnings Call Transcript

Mar 13, 2019 / 05:00PM GMT

Release Date Price: €22.79 (-0.04%)

Transcript

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

LagardÃ

¨ - ¨-&

Ladies and gentlemen, thank you very much. Thank you, gentleman. Okay. So let's start straightaway. As you can see, here, we have a new layout, a new configuration for the group. We got to show this, you see straightaway, except that FrÃ©dÃ©ric is at the very end of the table, and he didn't take Dag's place. He's replacing him because Dag is part of the president's trip to Africa. And as you know, this is a continent, which is very important for us, for at least for Travel Retail. And therefore, of course, I authorized him, it's in the interest of the group to be a part of this presidential trip and for him to reap as many fruits as possible from this voyage.

Now before we go through the results, I would like to share a couple of things with you. I'd like to talk about the books for 2018, but then you'll get the detail. Just a reminder, to say that, overall, you probably got them now in the press release, no big surprises as regards to the consensus of

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