HELLOFRESH: Market afraid of seeing a single-digit growth in Q3 | HELLOFRESH | EUR100(+43%)
HELLOFRESH - HELLOFRESH | EUR100(+43%)Market afraid of seeing a single-digit growth in Q3
Q2 should be another strong quarter in terms of customer acquisition…
…before seeing a noticeable sales growth deceleration in Q3
Market back in its initial concerns of “hard landing”
Buy reiterated with a EUR100 TP
HelloFresh is engaged in the delivery of meal kits to customers in the U.S., the United Kingdom, Germany, the Netherlands, Belgium, Luxembourg, Australia, Austria, Switzerland and Canada. Co. provides portioned food and recipes, which its subscribers receive in weekly boxes. Co. provides both omnivore and vegetarian options, with fresh ingredients and chef-inspired recipes.
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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