Coty Inc (NYSE:COTY)
$ 10.49 0.03 (0.29%) Market Cap: 9.10 Bil Enterprise Value: 13.16 Bil PE Ratio: 45.81 PB Ratio: 2.28 GF Score: 70/100

Q4 2019 Coty Inc Earnings Call Transcript

Aug 28, 2019 / 12:00PM GMT
Release Date Price: $9.33 (+6.02%)
Operator

Good morning, ladies and gentlemen. My name is Maria, and I'll be your conference operator today. At this time, I would like to welcome everyone to Coty's Fiscal Fourth Quarter and Full Year 2019 Results Conference Call. As a reminder, this conference call is being recorded today, August 28, 2019. On today's call are Pierre Laubies, Chief Executive Officer; and Pierre-André Terisse, Chief Financial Officer.

I would like to remind you that many of the comments today may contain forward-looking statements. Please refer to Coty's earnings release and the reports filed with the SEC where the company lists factors that could cause actual results to differ materially from these forward-looking statements. All commentary on like-for-like net revenue reflects the comparison of the business at constant currency in the current and prior year, excluding the impact of acquisitions and divestitures. In addition, except when noted, the discussion of our financial results and our expectations reflect certain adjustments as specified in the Non-GAAP Financial Measures section of our earnings release. You can

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