Report
Stefano Toffano

Allegro : Another confirmation that the company is moving in the right direction

>Solid margin expansion - This morning Allegro reported Q1 24 results, with Allegro once again meeting or exceeding its quarterly guidance on most KPIs. Active Buyers and GMV/Active Buyer metrics continue to increase, contributing to solid yoy group revenue growth (+21.8% yoy for the Polish operations). Advertising revenue in Poland showed another quarter of good growth (+26% yoy), and is expected to continue to be strongly supportive of group revenues. Overall, Q1 24...
Underlying
Allegro.eu SA

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stefano Toffano

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