SergeFerrari Group - Back to earth after a very disappointing Q2
Q2 below expectations for cyclical reasons, but also due to a slowdown in demand Guidance revised downwards for 2023, and perhaps not sufficiently so given the uncertain macroeconomic outlook in Europe Return to a more competitive market after 2 years of euphoria and strong pricing power Certain costs, energy in particular, are set to decline in 2024. Opinion ADD vs BUYSergeferrari Group SAS is a France-based company, which produces flexible composite materials. It designs and produces such products as performance building materials (tensile architecture, bioclimatic facade, solar protection and acoustic solutions), advanced materials (modular structures, agro-energy and environmental protection) and design & outdoor materials (yachting protection, contract and outdoor furniture, awnings and canopies, visual communication and ecolodge). Beyond products, Sergeferrari Group SAS is also committed to providing support to its customers, skilled technical resources supporting customers, application advice aiming at specified sales and suitable technical documents, by providing training to customers. It operates through Giofex.
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.
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