Earnings miss, but some positive comments

Marie Brizard Wine & Spirits : Des résultats 2023 meilleurs qu’attendu...

>UN EBITDA en hausse de 12.2% à 13.1 M€ vs 12.4 M€e et un RNpg positif de 8.7 M€ vs 7.2 M€e - MBWS a publié hier soir des résultats au-dessus de nos attentes. L’EBITDA ressort en hausse de 12.2% à 13.1 M€ contre 12.4 M€ attendus pour un CA déjà publié de 194.2 M€ (+7.1% en publié et 7.2% en organique) La marge brute reste quasi stable à 70.7M€, impliquant une baisse du taux de marge brut de 270 pb à 36.4%. L’inflation des matières premières et du prix de l’énergie ai...

ASML : Weak order intake in Q1 (TSMC absent again, not set to be on th...

>Subdued Q1 24 orders, but this does not change the structural story, and we maintain our Outperform rating and € 1,100 target price - ASML yesterday reported better than expected Q1 24 results (EPS better, despite sales falling short), but importantly posted orders of € 3.6bn, well short of the consensus, due to TMSC’s virtual absence from the backlog this quarter (again). But the group confirmed 2024 is set to be a stable year, with H2 showing growth, but 2025 shou...

Egyptian Real Estate Group: 1 director

A director at Egyptian Real Estate Group bought 1,541,252 shares at 0.000EGP and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last tw...

Rowad Tourism (Al Rowad): 1 director

A director at Rowad Tourism (Al Rowad) sold 33,245 shares at 0.000EGP and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...

Palm Hills Developments Company: 1 director

A director at Palm Hills Developments Company bought 1,500,000 shares at 0.000EGP and the significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the la...

Mansourah Poultry: 1 director

A director at Mansourah Poultry sold/bought 28,495,717 shares at 0.000EGP and the significance rating of the trade was 83/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two y...

Q1'24 trading update: EBIT -13% vs cons

Strong profitability, lifts FY guidance

Brunello Cucinelli : Momentum still impressive in Q1, roadmap unchange...

>Growth remained brisk in Q1 at +17.9% cc, no real deceleration vs end-2023 - The group reported cc growth of 17.9% in Q1 or reported sales of € 309.1m. We forecast € 303m or cc growth of 14.7% and the pre-announcement FactSet consensus was more optimistic at € 308m; the numbers thus beat already optimistic expectations. Growth y-o-y at cc in Q4 2023 came in at 19.5%: the deceleration looks therefore very modest in sequential terms. In reported terms (after integrati...