Kering SA (OTCPK:PPRUY)
$ 35.72 -0.5 (-1.38%) Market Cap: 43.79 Bil Enterprise Value: 59.02 Bil PE Ratio: 13.49 PB Ratio: 2.65 GF Score: 86/100

Q3 2022 Kering SA Corporate Sales Call Transcript

Oct 20, 2022 / 04:00PM GMT
Release Date Price: $45.25 (+1.12%)
Operator

Good evening. This is the conference operator. Welcome, and thank you for joining the Kering Third Quarter 2022 Revenue Conference Call and Webcast. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Jean-Marc Duplaix, Chief Financial Officer. Please go ahead, sir.

Jean;Marc Duplaix
Kering SA - CFO

Good evening to all of you, and welcome to Kering's third quarter 2022 revenue call. Starting on Slide 4. The group once again achieved a very solid performance. Revenue was EUR 5.1 billion up 23% reported and 14% comparable year-on-year. Scope was not material. The consolidation of Lindberg offsetting the disposal of watches. FX was a 9 percentage point tailwind. We carry out a range of actions to nurture the desirability and exclusivity of our Houses, capitalizing on their heritage and immense creativity.

All the fashion shows they ran for the upcoming season were widely acclaimed and extended the reach and influence of our brands. Gucci Parade of 68 sets of identical twins, Balenciaga's

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