Report
Robert Jan Vos

B&S Group : Q3 2021 sales likely to show that 7.5% growth is out of reach in 2021

>Q3 2021 trading update 8 November - B&S Group is set to report its Q3 2021 trading update on 8 November at 07:00 and host a conference call at 10:30.Organic sales growth was weak, but profitability was strong in H1 2021 - B&S Group reported organic sales growth of -3.6% in Q1 2021, +5.5% in Q2 2021, and +0.9% in H1 2021. In order to achieve the goal of 7.5% organic sales growth in 2021, B&S Group needs to deliver around 14% growth in H2 2021, which w...
Underlying
B&S Group S.A.

B&S Group SA is a Luxembourg-based company, which serves as a distributor of consumer goods. The Company acts as a source supplier to a number of channels and specialized markets. B& Group SA operates within three segments: The HTG Segment, which purchases products in bulk on an ad hoc basis from manufacturers, wholesalers, distributors and international retail chains, as well as provides suppliers the opportunity to dispose of stock lots, closeout products and excess inventory; the B&S segment, which includes the purchase of consumer goods directly from premium brand owners and informs customers regarding strict food safety guidelines or specific cultural and national preferences and requirements, and the Retail Segment, which sources a focused selection of travel electronics from various partnerships and offers a selected assortment of the product groups sourced within the distribution activities in HTG and B&S.

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
Robert Jan Vos

ResearchPool Subscriptions

Get the most out of your insights

Get in touch