Full Year 2023 Pernod Ricard SA Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Laurence Bruce Whyatt - Barclays Bank PLC, Research Division - Analyst : A couple for me then, please. Firstly, on your Travel Retail business, I think you had a target to get to the 2019 level of profits this year. I'm assuming you hit that pretty well. Just wondering if you think there's further growth to come from the Travel Retail business as the world continues to return to travel and China is getting on more planes and the like. What are your sort of expectations on Travel Retail? Do you think that will be growing ahead of the rest of the group? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. AUGUST 31, 2023 / 7:00AM, PERP.PA - Full Year 2023 Pernod Ricard SA Earnings Call And then secondly, you built your digital capabilities, I think, in 2020, and you announced them to us at the Capital Markets Day last year. Of course, those years were pretty impacted by various restrictions and lockdowns and the like. And now we've had a more normal year of operations this year, has everything performed to your expectations? Have you had any learnings as people are operating slightly differently than they did during the pandemic? What can you take away from that sort of change to more physical meeting?