Report
Fehmi Ben Naamane

Dufry AG : Un T2 en ligne qui rassure mais la pression continue sur les marges – Achat OC ajusté à 132 CHF

>Des résultats T2 en ligne avec les attentes - Les résultats T2 de Dufry ressortent globalement en ligne avec les attentes. La croissance organique groupe accélère comme attendu à 2.3% sur le trimestre (vs +2.0% au T1 et +1.8% au T4) étant donné l’amélioration des trafics aériens notamment en Asie et en Europe. Ces chiffres rassurent mais le rythme d’accélération reste relativement faible pour espérer revenir à des niveaux de croissance organique fiables et surtout at...
Underlying
Dufry AG

Dufry is a travel retail company. Co. operates over 1,650 shops worldwide. Co.'s shops are either duty free or duty paid shops, located in airports. Co.'s product categories include: Perfumes and Cosmetics; Confectionery, Food and Catering; Wine and Spirits; Watches, Jewelry and Accessories; Tobacco goods; Fashion, Leather and Baggage; Literature and Publications; Electronics; and Toys, Souvenirs and other goods.

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
Fehmi Ben Naamane

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