Report
Johannes Faul
EUR 101.80 For Business Accounts Only

Premier Investments experiences a tough domestic market, with international expansion a focal point.

The visibility on what the end game will be for no-moat Premier Investments’ substantial shareholding in Myer is murky, but a takeover remains a possibility. Such a deal could be value-accretive for investors in Premier, depending on the potential synergies of merging the two firms and the premium Premier is willing to pay for full control of Myer, but the group’s investment proposition to investors would be altered. Adding a mature (and, on our estimates, structurally declining) department stor...
Underlying
Premier Investments

Premier Investments is engaged in operation of several retail fashion chains within the specialty retail fashion markets in Australia, New Zealand, Singapore, the U.K., as well as Malaysia and Hong Kong. Co. also has investments in listed securities and money market deposits. Co.'s operating segments include the retail segment, which represents several specialty retail fashion chains; and the investments segment, which represents investments in securities for both long-term and short-term gains and dividend income and interest.

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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