Robust Q2 results expected; FY2023 guidance might be upgraded
We anticipate positive H1 results, despite the challenging comparison between Q2 and Q1 2023. The recent protests in France have had a minimal impact on tourism nationwide and were negligible for Elis. The hospitality sector is enjoying a robust recovery in 2023, thanks to successful price increase
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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