Report
Jean Danjou

Richemont : CA T3 terne mais la Chine devrait repartir

>La croissance ralentit à +5% au T3 avec une Chine en baisse de 24%, cette dernière semble cependant repartir sur janvier - Le CA T3 (T4 calendaire) de Richemont sort à 5 403 M€ et reflète une croissance y/y tcc à +5% (elle était à +19% au T2). Notre prévision pouvait apparaître conservatrice à 5 461 M€ (+5% y/y tcc) face à un consensus FactSet avant publication qui s’élevait à 5 671 M€ soit une croissance à +7%/+9% mais de fait la publication est juste en dessous de ...
Underlying
Compagnie Financiere Richemont SA

Compagnie Financiere Richemont is engaged in the luxury goods market. Co.'s interests encompass some names such as Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Alfred Dunhill, Montblanc and Net-a-Porter. Co.'s luxury goods businesses are separated into four segments: Jewellery Maisons (design, manufacture and distribution of jewellery products), Specialist Watchmakers (design, manufacture and distribution of precision timepieces), Montblanc Maison (design, manufacture and distribution of writing instruments) and Other Businesses (Alfred Dunhill, Lancel, ChloA(c), Net-a-Porter, Purdey, textile brands and other manufacturing entities).

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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