Report

Casino : Bon T2 2018 sur le plan commercial, l’enjeu reste le désendettement

>Ventes du T2 2018 : de 1.6% au-dessus de nos attentes - Le CA consolidé de Casino s’est établi à 8 916 M€ au T2 2018, -3% en déclaré, mais +5.2% en organique (vs +3.5%e) et de +3.2% en LFL (vs +1.6%e). La France ressort 1.3% au-dessus de notre prévision à 4 759 M€, +0.8% en déclaré, +1.3% en organique et +1.8% en LFL (vs +0.5%e). Le Latam (3 754 M€, -8.1% en déclaré, +9.7% en organique et +4.4% en LFL) dépasse également nos estimations de 1.9%e (nous n’escomptions qu...
Underlying
Societe Fermiere du Casino Municipal de Cannes S.A.

Fermiere Du Casino Municipal Cannes SA. Fermiere du Casino Municipal de Cannes SA (SFCMC) is a France-based company that operates casinos, hotels and other leisure facilities found within vacation resorts. The Company, which leases its facilities and equipment from Group Lucien Barriere, operates two casinos: Barriere de Cannes Croisette, and Barriere les Princes, and two hotels: a five-star Majestic, and a four-star Gray d'Albion. The Company also operates other leisure facilities, both on-site and in other locations, including restaurants, function and meeting rooms, swimming pools, tennis courts and a discotheque, and offers rental of shops. The SFCMC has five subsidiaries: Hotel Majestic (SIEHM), Hotel Gray d'Albion SA (HGAC), CASINO BARRIERE LES PRINCES (SCLC), SOCIETE D'EXPLOITATION DE LA PLAGE MAJESTIC (SEPM) and SCI 8 Cannes Croisette.

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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.

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