MISTER SPEX - BUY | EUR30(+118%) No surprise to Q3 numbers but FY21 outlook calls for stabilizing trends in Q4
MISTER SPEX - BUY | EUR30(+118%)No surprise to Q3 numbers but FY21 outlook calls for stabilizing trends in Q4
Q3 top line growth broadly in line with revised guidance
Q3 margins reflect these weaker trends in prescription
MRX is temporarily affected by the abrupt customer channel shift
FY21 guidance reiterated, Q4 trends to show a reassuring stabilization phase
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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