Report
Jean Danjou

Burberry : Contexte secteur encore plus difficile, dégradation attendue plus forte de la performance financière

>Le recul du retail au T2 devrait encore excéder les 20%, nous abaissons nos prévisions de CA annuel de 4% sur mars 2025 et 6% mars 2026 - Les indications données par le groupe au sortir du T1 qui avait marqué un net recul des ventes retail à -21% en comparable y/y étaient prudentes (juillet difficile, perte EBIT probable au S1) mais l’évolution de la situation macroéconomique notamment en Chine s’est révélée défavorable et aucune vraie amélioration ne se dessine dan...
Underlying
Burberry Group plc

Burberry Group designs, makes, sources and sells luxury products under the Burberry brand. Co.'s products are for women, men and children and include apparel, accessories, and beauty. Co.'s products are sold globally through its directly operated store network and online at Burberry.com, as well as through franchisees and third-party retailers, both offline and online. In a few selected areas such as Eyewear and Beauty, Co. uses the product and distribution capability of licensing partners. Co. operates in three regions: Asia Pacific; Europe, Middle East, India and Africa; and Americas. As of Mar 31 2017, Co.'s store portfolio had 469 directly-operated stores and 48 franchise stores.

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
Jean Danjou

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