Bryan Garnier - BE SEMICONDUCTOR (BSIB) BE SEMICONDUCTOR | BUY vs. NEUTRAL | Under Review Impressive results with a hint of where gross margin could be heading

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Bryan Garnier

Frederic Yoboue

BE SEMICONDUCTOR | BUY vs. NEUTRAL | Under Review Impressive results with a hint of where gross margin could be heading

BE SEMICONDUCTOR | BUY vs. NEUTRAL | Under Review
Impressive results with a hint of where gross margin could be heading
Stronger-than-expected demand with an impressive margin level
Positive momentum in gross margin continuing in Q3
A hint at where gross margin could be heading in the future
Upgrade to Buy

28/07/2020 5 EN

Underlying

BE SEMICONDUCTOR

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Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

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Analysts

Frederic Yoboue

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BE SEMICONDUCTOR | BUY vs. NEUTRAL | Under Review Impressive results with a hint of where gross margin could be heading

MORNING NOTE : ARGX BB, BESI NA, DECB BB, ECONB BB, GIMB BB, OBEL BB

BE SEMICONDUCTOR: Keeps executing well on profitability; interesting new collaboration with AMAT | BUY | EUR45

Semiconductors & Hardware: Positive momentum for chip sales; we upgrade Infineon to Buy and ASMI to Conviction Buy

Fielmann: margin potential unleashed

Fielmann: strong margin delivery in Q1 2025

Lhyfe: EUR53m debt financing

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