Colruyt Group N.V. : TP increased to € 40 ahead of H1 2023/24 results; Neutral reiterated
>Normalised EBIT and net profit expected to jump in H1 2023/24 - Colruyt is set to report its H1 2023/24 results (April-September 2023) on 12 December (after trading hours), and will host a conference call the next day (at 14:00). We expect it to report a revenue decline of 1.8% (mainly due to the deconsolidation of DATS 24), taking annual revenue to € 5.2bn. We assume like-for-like growth of an estimated 7.6% will mainly have been price-driven. We estimate gross prof...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.