Report
Douglas : Change of credit opinion and recommendation due to spreading coronavirus
European retail is increasingly affected by measures to fight the coronavirus. The exponential rise of new infections could prolong the negative impact for stationary retail businesses. Douglas’s online platform is well developed and could absorb some of the assumed offline revenue erosion, but discretionary spending will likely abate in our view. - Douglas had a strong start in FY 20 and was a on a good way to refinance its capital structure in the next months as its online strate...
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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.
Markus Schmitt
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