Off to a good start to the year
Hexagon has reported solid figures this morning, beating consensus estimates by 1.5% on net revenue. Despite the 8% organic growth delivered in Q1 2023, we still expect the growth rate to decelerate throughout the year and remain fundamentally sceptical about the M&A strategy, which we consider
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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