Colruyt : Upgrade to Neutral as worst seems to be over now
>A tough base and high costs led to disappointing H2 2020/2021 results - Colruyt’s 2020/2021 results showed that the group was up against a tough base in the second half, as consumers started to stock up in early 2020. Also, COVID-19-related costs remained very high, which were particularly apparent in Colruyt’s Retail operations (84% of group sales), which saw a significant decline in EBIT profitability. Wholesale & Foodservice and Other activities (combined, some 16...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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