Report
Anne-Barbara Nicco

Casino : Adjustments to our recommendations

We are adjusting our recommendations on the Casino bonds to take into account the new configuration of the yield curve following recent developments in the bond markets, as well as the lack of visibility on French retail in the short term after a tougher year-end than expected. - >Casino has cut EBITDA guidance for its retail banner scope in France - The group now expects EBITDA to edged down by 1.7% (vs. an "Ebitda growth" previously), to around € 1.28bn before rent ...
Underlying
Casino Guichard-Perrachon SA

Casino Guichard-Perrachon is a food retailer based in France. Co. operates hypermarkets, supermarkets, discount stores, convenience stores and cafeterias. Co.'s stores are discount stores selling groceries and consumer goods, and providing services like financial and insurance services, real estate, and restaurants. Co. operates hypermarkets under the brand Geant Casino; urban and rural supermarkets under the brand Casino Supermarches; city-centre supermarkets under the brand Monoprix; convenience/national superettes under the brands Petit Casino, Vival and Spar; covenience-paris area stores under the brand Marche Franprix; and discount stores under the brand Leader Price.

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
Anne-Barbara Nicco

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