Report
Cedric Rossi

Brighter horizon from Q2 onwards

Since the beginning of the year, the stock has underperformed the SBF 120 index by 26% as a result of a less favourable geographical mix (i.e. 42% of sales in North America vs 0% in China) and a gloomy Q1 margin outlook. During the conference call, management confirmed promising prospects, with acc
Underlying
Provider
Bryan Garnier
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.

Analysts
Cedric Rossi

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