Nacon - The level of business in Q3 will be decisive in the Group's annual growth trajectory
Further downturn in business in Q2, particularly in the Catalogue businessH1 sales down -9A strong line-up in H2 justifies management's objective of strong annual growth. But Nacon will have little room for error in its game releases in H2.Our annual forecasts have been revised downwards in view of the delay in H1 and the company's track record.Our forecasts and price target have been lowered: we remain at Buy and are targeting €2/share (vs. €2.3 previously).Toy manufacturer
We are an investment house with Belgian roots founded on more than 150 years of trust.
As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.
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.