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Q3 2019 Kering SA Corporate Sales Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Kering 2019 Third Quarter Revenue Results Call. (Operator Instructions) I need to remind you this conference is being recorded today.
And now, I would like to hand the conference over to your speaker today, Mr. Jean-Marc Duplaix, Chief Financial Officer. Please go ahead, sir.
Good evening to all of you. We are pleased to review with you Kering's sales for the third quarter of 2019.
To start with, a housekeeping note. Moncler has its earnings call immediately after ours, so we will keep this call to 1 hour.
On Slide 4. Total reported revenue was up 14.2% to EUR 3.9 billion and 11.6% comparable, implying an FX tailwind of around 2.5 percentage points. There was no change in scope.
Three elements are worth highlighting here. First, the increase in revenue was fueled by all our reporting segments. Gucci did account for over half of the growth in euro terms, but Saint Laurent, Bottega Veneta our Other Houses
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