Kering SA (XSWX:KER)
CHF 526.1666 0 (0%) Market Cap: 70.51 Bil Enterprise Value: 77.35 Bil PE Ratio: 13.09 PB Ratio: 1.82 GF Score: 88/100

Full Year 2019 Kering SA Earnings Call Transcript

Feb 12, 2020 / 07:30AM GMT
Release Date Price: CHF526.17
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's Kering's 2019 Full Year Results Presentation. (Operator Instructions) I must advise, your meeting is being recorded today on Wednesday, the 12th of February 2020.

And I would now like to hand the meeting to your host today, Mr. Jean-Marc Duplaix, Chief Financial Officer. Please go ahead, sir.

Jean;Marc Duplaix
Kering SA - CFO

Good morning to all of you. This is Jean-Marc Duplaix, Kering's CFO. With François-Henri Pinault, CEO; and Jean-François Palus, Group Managing Director, I would like to welcome you on this call to discuss our 2019 full year results.

I will start by sharing some highlights on Slide 4. Our growth trajectory was very sustained once again at both top line and profitability levels.

Revenue first. Sales were up above 16% in reported terms and more than 13% comparable. We generated organically an additional EUR 2.2 billion in revenue to EUR 15.9 billion. By region, Asia Pacific was a key driver, up 20%

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