Report
Jeremy Garnier

Chargeurs : Stellar 2020 results, an ambitious 2025 plan

>Exceptional FY 2020 results - Chargeurs reported yesterday excellent FY 2020 results. With reported revenue of € 822m, up 31.3% (+27.5% LfL), underlying operating profit came at € 79.3m (vs. € 75.2m estimated), implying an all-time record underlying operating margin at 9.6%, +300bp. This stellar release is largely due to contribution from Healthcare Solutions (€ 303m in revenue and € 63.5m in underlying operating profit). Like-for-like, revenue came at € 515m and un...
Underlying
Chargeurs SA

Chargeurs SA is a France-based company, which provides customizable specialty material solutions. The Company and its subsidiaries operate in four sectors: Protective Films, Fashion Technologies, Museum Solutions and Luxury Materials. Protective Films designs, produces and markets technical solutions to protect the quality of steel, aluminum, plastic or other surfaces during the transformation process, as well as film application machines. Fashion Technologies produces and markets linings for clothing. Museum Solutions includes the industrial divisions Senfa, specialized in the functionalization of technical textiles, and Chargeurs Creative Collection, specialized in the provision of services to cultural institutions. Luxury Materials manufactures and markets combed wool ribbons. The Company is active globally.

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
Jeremy Garnier

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