Report
Markus Schmitt

Cheplapharm Arzneimittel : We have trust in the business model

Chepla is suffering from persisting supply chain headwinds. This is applicable to the pharma industry as a whole, but is more elevated in their case, though. Management has initiated measures to mitigate the impacts. But FY 24 is rather a transformation year. We believe it is a temporary headwind, which stipulates our Stable Credit Opinion. - They key consideration for us is that Chepla, despite the structural organic decline of the portfolio (as a result of the off-patent product ...
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
Markus Schmitt

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