Vranken-Pommery Monopole S.A.

Vranken-Pommery Monopole is engaged in the production, marketing and distribution of alcoholic beverages, primarily champagne, porto and pink wine (Rose). Co.'s brands are Pommery, Vranken, Heidsieck & Cdeg Monopole and Charles Lafitte for champagne; Sao Pedro, Rozes et Terras do Grifo for Porto; and Listel and Chapelle Gordonne et Billette for pink wine (Rose). Co.'s activities can be divided into three segments: Vineyard which focuses on managing Co.'s vineyard and wine-producing activities; Production of champagne, porto and pink wine; and Distribution and Marketing of products.
  • TickerVRAP
  • ISINFR0000062796
  • ExchangeEuronext Paris
  • SectorBeverages
  • CountryFrance

An unfavourable environment weighs on VRANKEN-POMMERY MONOPOLE, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of VRANKEN-POMMERY MONOPOLE (FR), active in the Distillers & Vintners industry. As regards its fundamental valuation, the title still shows 0 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date April 3, 2020, the closing price was EUR 13.10 and its target price was estimated at EUR 12.44.

An unfavourable environment weighs on VRANKEN-POMMERY MONOPOLE, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of VRANKEN-POMMERY MONOPOLE (FR), active in the Distillers & Vintners industry. As regards its fundamental valuation, the title still shows 0 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date April 3, 2020, the closing price was EUR 13.10 and its target price was estimated at EUR 12.44.

Fatma Agnès Hamdani

Vranken Pommery : 2019 sales down 8.6%, penalised by the fall in champagne sales

>Sales down 8.6%, of which -10% for champagne - Vranken Pommery disclosed its 2019 sales yesterday evening (ahead of the official publication date). Sales over the period were down 8.6% to € 274.6m, which is shy of our expectations of € 300.7m, due to champagne (76% of sales). The decline in champagne sales reached 10%, comparable to the magnitude of the contraction recorded in H1, penalised by the effects of the EGalim food legislation which regulates special offers ...

Fatma Agnès Hamdani

Vranken Pommery : Un CA 2019 en retrait de 8.6%, pénalisé par la chute des ventes de champagne

>Baisse du CA de 8.6% dont -10% pour le champagne - Vranken Pommery a publié hier soir (en amont de la date officielle de publication) son CA 2019. Il ressort en retrait de 8.6% à 274.6 M€, en deçà de nos attentes de 300.7 M€ en raison du champagne (76% du CA). Les ventes de champagne reculent de 10%, soit de la même ampleur qu’au S1, pénalisées par les effets de la loi EGalim en France qui régule les promotions en GMS. Nous estimons cette baisse du CA en France à prè...

Fatma Agnès Hamdani

Vranken Pommery : Résultats S1 en dessous des attentes. Meilleures perspectives pour le S2

>ROC S1 divisé par deux à 2.9 M€, plombé par les engagements sociaux - Sur la base d’un CA publié de 79.4 M€ en retrait de 8.2% dont -13.7% pour le champagne, Vranklen-Pommery a publié hier soir un EBIT courant € en dessous de nos attentes à 2.9 M€ vs 5.5 M€e, en recul de 50%. La marge opérationnelle courante baisse de 290 pb à 3.3% alors que la marge brute progresse de 500 pb à 42%. Le groupe a volontairement réduit ses achats de raisins pour privilégier les raisins...

Fatma Agnès Hamdani

Vranken Pommery : H1 results undershot expectations. Better outlook for H2

>H1 underlying operating profit halved to € 2.9m, dragged down by employee benefit commitments - Based on reported sales of € 79.4m, down 8.2% of which -13.7% for champagne, Vranklen-Pommery reported yesterday evening underlying EBIT that was below our forecasts: € 2.9m vs € 5.5m estimated, down 50%. The underlying operating margin dropped 290bp to 3.3% while the gross margin rose 500pb to 42%. The group deliberately reduced its grape purchases to favour quality grap...

Baptiste Lebacq ...
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Hela Zarrouk
  • Johanna Jourdain
  • Matthias Desmarais

ODDO BHF Small & MIDCAP MORNING NEWS - 01/22/2020

...

Baptiste Lebacq ...
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Hela Zarrouk
  • Johanna Jourdain
  • Matthias Desmarais

ODDO BHF Small & MIDCAP MORNING NEWS - 22/01/2020

...

Alfred Glaser ...
  • Christophe Chaput
  • Delphine Brault
  • Fatma Agnès Hamdani
  • Jeremy Garnier
  • Nicolas Thorez

ODDO BHF Small & MIDCAP MORNING NEWS - 09/13/2019

Having long been under pressure from a rigid cost structure and the structural decline in its original printed directory business, Solocal has steadily refocused on the digital segment, which is set to account for 100% of sales by 2020 (vs around 90% currently). Its positioning in the local market and its new commercial organisation allow the group to target more solid growth in the medium term. We are initiating coverage with a Buy recommendation, given a particularly attractive valu...

Alfred Glaser ...
  • Christophe Chaput
  • Delphine Brault
  • Fatma Agnès Hamdani
  • Jeremy Garnier
  • Nicolas Thorez

ODDO BHF Small & MIDCAP MORNING NEWS - 13/09/2019

Longtemps pénalisé par une structure de coûts rigide et la baisse structurelle de son activité historique dans l’édition d’annuaires imprimés, Solocal a progressivement recentré son activité sur le numérique, qui devrait représenter 100% du CA à horizon 2020 (vs ~90% aujourd’hui). Son positionnement sur le marché local et sa nouvelle organisation commerciale lui permettent de viser des perspectives de croissance plus solides à moyen terme. Nous initions la valeur à l’Achat, au regard ...

Charles Lepetitpas ...
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • Hela Zarrouk
  • Jeremy Garnier
  • Jerôme Bodin
  • Nicolas David
  • Nicolas Thorez

ODDO BHF Small & MIDCAP MORNING NEWS - 07/11/2019

We have probably reached the bottom of the cycle in the semiconductors sector. The slope of the recovery in H2 remains uncertain. We prefer stocks with their own specific drivers for H2 like ASML, STMicroelectronics and ams. We are downgrading our recommendation for Aixtron to Neutral (vs Buy). - ...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Florian Béchaz

Vranken-Pommery Monopole - Assemblée Générale des actionnaires du 05 juin 2019

Même si la société est familiale et contrôlée, la gouvernance présente de nombreuses faiblesses qui ne respectent pas les principes de Proxinvest avec notamment un conseil composé très majoritairement de membres non-libre de conflits d'intérêts, l'existence de droits de vote double. La société propose de reverser un dividende de 0,80 € aux actionnaires. Compte tenu de son endettement significatif, la société devrait allouer cette somme à l’apurement de ses dettes. Par ailleurs la société s’autorise toujours à intervenir en période d’offre publique, cela ne respecte pas nos préconisations. E...

SRI Quantitative KPIs

Les analyses Gaïa sont des analyses ESG (Environnement, Social, Gouvernance) dediees aux entreprises de tailles intermediaires (PME, ETI) françaises. Elles presentent 120 indicateurs quantitatifs sur les trois derniers exercices.

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