Colruyt Group N.V. : A profit warning, but a materially positive one
>Positive adjustment of outlook for 2022/23 - At the publication of its H1 2022/23 results (13 December), Colruyt said that it expected its consolidated full year net result (excluding possible one-off effects) to show a year-on-year percentage decrease of the same magnitude as in the first half of 2022/23. As a reminder, Colruyt’s net profit decreased by 45% in H1 2022/23. Yesterday (after trading hours), Colruyt issued a press release stating that it adjusts this ou...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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