Groupe SEB: attractive entry points
Beyond the temporary outflow affecting European equities, especially Midcaps, softer-than-expected performances in China and Professional in Q2 unleashed a huge correction in light of a FY24 sales outlook of "around +5% LFL" a bit shy of CSSe (+5.3%). Looking at the glass half-full, this growth tra
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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