Report
Pierre Dinet (IDMidCaps)

LDLC - The worst is over, but we'll still have to be patient

The excitement surrounding IT equipment during the pandemic is over.Base effects will gradually subside, although 2023/24 will still be difficultRelatively low valuation, but in line with the retail sector as a wholeADD opinion confirmed, but few pleasant surprises to be expected in the short term
Underlying
Groupe LDLC SA

LDLC Com SA is a France-based company engaged in the sale and distribution of computer and multimedia equipment. Its product range includes electronic components, network equipment, software, connections, portable computers, hi-fis and videos, digital cameras, digital versatile discs (DVDs) and peripherals. The Company sells its products online and through two showrooms in Lyon and in Paris, as well as 11 branch offices. It also offers delivery services throughout France, Belgium and Switzerland. LDLC.Com SA's subsidiaries include Hardware.fr, Textorm Sarl, DLP-Connect, Plugsquare and Anikop, all operating in the information technology (IT) market. The Company operates various websites, including aideonline.com, fillspot.com, ldlc.com and maginea.com, among others. It merged with Domisys SAS. It operates through Domimo 2 SCI and Domimo 3 SCI.

Provider
Degroof Petercam
Degroof Petercam

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Analysts
Pierre Dinet (IDMidCaps)

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