No FY guidance until May, kitchen-sinking in the making?
MdM has provided no FY 2023 guidance, preferring to wait until May despite having good visibility on key gross margin components and OPEX cost measures. This choice tends to confirm our initial concerns related to the arrival of the new CEO and his potential (and legitimate) aim to dampen market ex
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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