Colruyt Group N.V. : Winter is coming, but downbeat expectations already priced in
>EBIT margin pressure more severe than expected in 2021/22 - Despite sales that were ahead of expectations and a gross profit margin that came in higher than our forecast (33bps of which was due to acquisitions), Colruyt’s EBIT margin decreased to 3.7% in 2021/22, 20bps lower than our forecast. Operating expenses increased by more than the increase in sales, partly due to higher depreciation and impairments, as well as high ICT-related expenses. Colruyt’s underlying E...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.