Report
Johannes Faul
EUR 101.80 For Business Accounts Only

Internal efficiency is key for Briscoe Group.

Briscoe Group’s headline sales growth was 2.7% in the third quarter of fiscal 2018. The month of September was adversely impacted by the New Zealand general election, a slowing housing market, and unseasonal weather. However, the group experienced very strong sales growth during October, gathering momentum heading into the crucial fourth quarter.
We forecast a strong finish to the year, as we expect management to sacrifice gross margin to keep the positive sales momentum going. Our full-year est...
Underlying
Briscoe Group Ltd.

Briscoe Group is a non-trading holding company. Co. is engaged in the provision of management services to its subsidiaries. Through its principal trading subsidiaries, Co. is engaged in selling homeware products and retailing sporting goods. Co. operates two operating segments: Homeware and Sporting Goods. As of Jan 31 2010, Co. had 58 Homeware stores and 32 Sporting Goods stores located throughout New Zealand.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Johannes Faul

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