Oddo BHF - Casino Guichard-Perrachon SA (CO) Casino : Preview CA du T4 2019e : LFL anticipÃ©s quasi-stables en France, mais lâ€™enjeu boursier pour Casino reste le processus de sauvegarde de Rallye

Report

Oddo BHF

Casino : Preview CA du T4 2019e : LFL anticipÃ©s quasi-stables en France, mais lâ€™enjeu boursier pour Casino reste le processus de sauvegarde de Rallye

>Ventes du T4 2019e : faibles en France et rÃ©silientes au Latam - Casino publiera ses ventes du T4 2019, jeudi 16 janvier aprÃ¨s la clÃ´ture. Nous tablons sur un CA consolidÃ© de 9.7Â Mdâ‚¬ au T4 2019e, -2.5%e en dÃ©clarÃ© intÃ©grant un effet changes de -2.9%e. Tout comme au T3 2019 (impact -1.3% en consolidÃ©), lâ€™activitÃ© est affectÃ©e par le processus de cessions/fermetures des magasins dÃ©ficitaires en France (impact de -1.5%e au T4). En LFL, nous anticipons un nouveau ralent...

09/01/2020 6 FR

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.

See profile

FR0000125585 Euronext Paris France

Provider

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.

See profile

Other Reports on these Companies

Oddo BHF

Casino : Résultats T1 post restructuration, correct sur le CA, encore très faible sur les marges et la génération de cash. Pas de guidance 2024 …

>Un CA correct, mais des marges et FCF trop faibles… - Au titre de son T1, Casino publie un CA de 2.1 Md€ en repli de 4.6% dont -3.8% en LFL. Nous retiendrons particulièrement la performance honorable de Monoprix (LFL +0.7%) et de Franprix (LFL +0.6%). Une performance pas si mauvaise au regard des chiffres de Carrefour (LFL +0.2% sur la proximité ce trimestre). Les magasins à enseigne Casino sont eux en retrait de 2.4%, amenant les enseignes de proximité à une perfor...

1h / 7m 1h / 7m 1 FR

Bryan Garnier

Casino: first quarter of the new beginning

With the "New Casino" now almost fully refocused on urban convenience and online, and drawing up what its new reporting standards will be, we welcome an unmatched level of transparency. The extent of the Q1 EBITDA decline raises questions about Franprix and we continue to see the group as way too c

11h / 27m 11h / 27m 1 EN

GlobeNewsWire

Groupe Casino: BUT, Conforama, MDA Company, Casino Group and Intermarché end their technical goods purchasing partnership, Sirius Achats

Groupe Casino: BUT, Conforama, MDA Company, Casino Group and Intermarché end their technical goods purchasing partnership, Sirius Achats Press releaseParis, 24 April 2024 BUT, Conforama, MDA Company, Casino Group and Intermarché end their technical goods* purchasing partnership, Sirius Achats After almost two years, BUT, Conforama, MDA Company, Casino Group and Intermarché have decided, in accordance with the terms of their agreements, to terminate their central purchasing hub Sirius Achats with effect from 15 June 2024. Each banner can now forge new partnerships in technical goods purc...

14h / 1m 14h / 1m 1 EN

STMicroelectronics N.V. : A significant downward revision linked to automotive and the industrial correction, but could this be the trough?

>Q1 2024 results below expectations driven by automotive and an acceleration of the ongoing correction - This morning, STM reported its Q1 2024 results which were clearly below expectations. Revenues were $ 3,465m, down 19,1% q-o-q and down 18.4% y-o-y, below consensus at $ 3.6bn. Guidance was for revenues at $3.6bn, a q-o-q decrease of 15.9%, +/- 350bp. The gross margin was 41.7% also clearly below consensus at 42.3% (guidance was at 42.3% +/- 200bp). EBIT stood at $...

1m 1m 1 EN

Delphine Brault ... (+2)

Delphine Brault
Quentin Borie

Schneider Electric : CA T1 2024 un peu au-dessus des attentes, qui s’étaient ajustées à la baisse

>CA T1 : +5.3% en organique (vs css à 4.5%) - Schneider Electric a publié ce matin un chiffre d’affaires T1 à 8 606 M€, en progression de 1.3% en publié. La croissance organique affiche une hausse de 5.3% (ODDO BHF 3.7%, css 4.5%).L’écart s’est encore creusé en termes de performance, avec une division Energy Management qui reste en forte croissance (+8.9% en organique), tandis que la divison Industrial Automation affiche un recul de 6.6% en organique, 1er trimes...

1m 1m 1 FR

Jerôme Bodin

Jerôme Bodin

Believe : Q1 still showing strong growth but lower than we expected

>Neutral rating reiterated, target price based on the consortium bid - Believe yesterday evening reported Q1 revenues that came in slightly below our estimate with adjusted organic growth of 16% whereas we looked for 20%. The first quarter was therefore a little softer than anticipated. The group held a conference call afterwards in which it indicated that it expects an acceleration in organic growth in the rest of the year. The management confirmed all of their grow...

1m 1m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Casino : Preview CA du T4 2019e : LFL anticipÃ©s quasi-stables en France, mais lâ€™enjeu boursier pour Casino reste le processus de sauvegarde de Rallye

Casino : Résultats T1 post restructuration, correct sur le CA, encore très faible sur les marges et la génération de cash. Pas de guidance 2024 …

Casino: first quarter of the new beginning

Groupe Casino: BUT, Conforama, MDA Company, Casino Group and Intermarché end their technical goods purchasing partnership, Sirius Achats

STMicroelectronics N.V. : A significant downward revision linked to automotive and the industrial correction, but could this be the trough?

Schneider Electric : CA T1 2024 un peu au-dessus des attentes, qui s’étaient ajustées à la baisse

Believe : Q1 still showing strong growth but lower than we expected

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe