Report
Anne-Barbara Nicco

Douglas : Challenges remain but progress is visible

As the first anniversary of the refinancing approaches, leverage remains massive (9.6x at 30 September 2021), although this is due in large part to long and severe health restrictions (in particular six months of strict lockdown in Germany). Since the transformation plan is progressing well and the comparison base is set to become more supportive for a few months, we have re-evaluated in this report the risks surrounding Douglas and revised up our recommendations. - >Betwe...
Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Anne-Barbara Nicco

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