FIELMANN - BUY | EUR74 vs. EUR76 Mixed bag of FY21 results but upbeat FY22 sales outlook reiterated
FY21 sales broadly in line with CS expectationsReasons for this FY21 PBT miss
Ambitious FY22 sales guidance confirmed
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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