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Casino, Guichard-Perrachon S.A. (0HB1) Q2 2024 Earnings Call

Casino, Guichard-Perrachon S.A. (LSE: 0HB1) Q2 2024 earnings conference call, held 2024-07-30. Replay captured from the company's public earnings webcast.

Tue, July 30, 2024 at 12:00 AMendedReplay
Casino, Guichard-Perrachon S.A. (0HB1) Q2 2024 Earnings Call

Hosted by

Featured presenters

Philippe Palazzi

Chief Executive Officer, Casino Group

Angélique Christofari

Chief Financial Officer, Casino Group

Clément Renelot

Analyst, Bryan Garnier

Nicolas Jean

Analyst, Barclays

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Casino, Guichard-perrachon Sa.

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.038 Welcome to the 2024 Half Year Results Conference Call. 00:00:05.038 -- 00:00:09.944 I now hand over to Mr. Philippe Palazzi, Chief 00:00:09.944 -- 00:00:15.391 Executive Officer, and Ms. Angélique Christofari, Chief Financial Officer 00:00:15.391 -- 00:00:19.674 of Casino Group. Please go ahead. 00:00:20.878 -- 00:00:26.145 Very good morning, everyone, and welcome to the presentation of our first Half 2024 00:00:26.145 -- 00:00:30.119 Results. I'm Philippe Palazzi, CEO of Casino Group. 00:00:30.119 -- 00:00:34.307 Joining me today is our CFO, Angelique Christofari. 00:00:34.307 -- 00:00:38.275 After four months at the head of the group, I wanted to talk today about the challenges 00:00:38.275 -- 00:00:44.187 that have been left for us and what action we are and will take to overcome them. 00:00:44.187 -- 00:00:49.799 Angelique will then take us through the numbers, and I will close with some final remarks 00:00:49.799 -- 00:00:52.921 before we take your questions. 00:00:54.284 -- 00:00:57.810 The first half of 2024 has been challenging. 00:00:57.810 -- 00:01:02.818 Our financial results are still impacted by legacy challenges, but we will improve upon 00:01:02.818 -- 00:01:06.684 the entire factory performance as we move forward. 00:01:06.684 -- 00:01:09.889 In fact, we have already made significant progress. 00:01:09.889 -- 00:01:14.677 We are not far off completing our comprehensive and realistic assessment of the group's 00:01:14.677 -- 00:01:21.149 fundamental financials, commercial and operational situations that we are inheriting. 00:01:21.149 -- 00:01:25.395 but it does not stop us from acting decisively where we can. 00:01:25.395 -- 00:01:29.902 Our resettling projects are well underway, and we have launched a profound comm...