Report
Jean Danjou

Burberry : T1 sans surprise porté par l’Asie et le tourisme

>Croissance en comparable en ligne au T1 à +18%, guidance annuelle à cc réitérée avec sans surprise un impact négatif attendu du change qui double - Pour le premier trimestre de son exercice à fin mars 2024, le groupe communique un CA retail de 589 M£ soit une croissance y/y de 17% en publié, +19% à tcc et +18% en comparable (effet surface +1%). Nous tablions sur 601 M£ (+20% y/y tcc et comp.) et le consensus Visible Alpha s’élevait à 588 M£ (soit c.+18% en comp.). Le...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch