Antalis International : H1 under pressure as expected - Visibility still limited: Reduce (vs Neutral)
>Underlying op. profit of € 19.4m (underlying op. margin 1.8%) and attributable net loss of -€ 24.5m - This morning, Antalis International reported interim results that were a shade lower than our forecasts. For sales (already published) down 9% y-o-y, of which -5.4% l-f-l to € 1,072.2m (scope effect of -€ 33m following the divestment of the South African activity in October 2018), EBITDA was € 30.1m, down 16.4% (vs € 36m in 2018). Underlying operating profit was € 19...Antalis SA, formerly known as Antalis International SASU, is a France-based company engaged in the miscellaneous specialty retailers industry. The Company is a distributor of paper, packaging solutions and visual communication products for professionals. It operates through various brands, including Carta, Claro, Coccon, Dito, Idem, Mohawk, RePrint, Xerox, Tom&Otto, Novatech, ePacker, Masterline, Forex, Kapa, Dispa, Dibond, Orafol, Priplak, Avery Dennison, Coala, Pioneer, Image, Data Copy and Data Copy, among others. The Company is a wholly-owned subsidiary of Sequana. It operates internationally in Poland, China, Brazil, Belgium, Bulgaria, Austria, Norway, India, Romania, Colombia, Japan, Mexico, Estonia, Slovenia and Peru, among others.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.