Fielmann: Air pockets almost over, appealing FY24 prospects
Yesterday morning, Fielmann reported its preliminary FY23 results. They were broadly in line with FY guidance and CSS expectations that were a bit more optimistic than the company. As expected, soft Q4 numbers reflected temporary headwinds and whilst FY24 outlook will only be shared at the Q1 2024
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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