MdM model update post-profit warning
Following the much-awaited, yet stronger-than-expected, profit warning from MdM, we have cut our FY 2023-25 sales estimates by 3% and our EBIT estimates by 30% with a PT notched down from EUR9 to EUR7. Even after the -52% share price performance YTD, MdM is not that cheap, and we only foresee a pot
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.