Colruyt Group N.V. : A bit of sweet and sour from yesterday’s AGM
>FY 2024/25 guidance reiterated at yesterday’s AGM - Colruyt hosted its AGM yesterday afternoon. As usual, the food retailer provided comments on its outlook for the current fiscal year 2024/25.Some negative nuances provided concerning market share and margin - On a positive note, Colruyt reiterated its expectation to match last year’s result (operating profit of € 470m and net profit of € 368m) in 2024/25. Furthermore, Colruyt expects operating profi...Etablissements FR Colruyt is engaged in wholesale, food service, distribution of fuels, production of electricity and digital printing. Co. has three operating segments: retail, which relates to stores under Co.'s own management which directly sell to retail customers and bulk consumers; wholesale and foodservice, which supplies to wholesalers, commercial customers and affiliated independent merchants; and other activities, which operates gas stations, engaged in printing and document management and provides alternative energy.
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.
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