MISTER SPEX: Inline start to the year and FY22 guidance confirmed | BUY | EUR28
MISTER SPEX - BUY | EUR28Inline start to the year and FY22 guidance confirmed
Q1 performance (+6%) fairly in line with company’s indication
Negative aEBITDA reflects Mister Spex’s retail store expansion and unfavourable category mix
FY22 outlook reiterated implying a gradual acceleration
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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