Q3 “saved” by the solid start of the quarter in occidental countries, but Q4 should be worse as it will be reflecting the total COVID-19 impact. It is now difficult to believe in a “strong” V-shaped recovery next year.

23 Apr 2020
On-trade negatively weighs, off-trade not immune

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On-trade negatively weighs, off-trade not immune
Pernod Ricard SA (RI:WBO) | 0 0 2.2% | Mkt Cap: 35,633m
- Published:
23 Apr 2020 -
Author:
Laura Parisot -
Pages:
3 -
Q3 “saved” by the solid start of the quarter in occidental countries, but Q4 should be worse as it will be reflecting the total COVID-19 impact. It is now difficult to believe in a “strong” V-shaped recovery next year.