B&S Group S.A. : Seen to have taken steps in H1 2024 to achieve its goals for 2024
>B&S Group’s H1 2024 results are due on 19 August - B&S Group is set to report H1 2024 results on 19 August at 07:00 (conference call: 10:30). We forecast organic sales growth of 2.6% to € 1,085m, gross profit of € 169.5m (margin: 15.6%), EBITDA of € 51m (margin: 4.7%), net profit of € 14.5m and net debt of € 323.5m. We assume cash flow to include some € 32m spent on acquisitions, and we forecast financial leverage of 2.7x, or slightly down compared with 2.8x at end-2...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.
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.
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