Fluidra : H1 2024 results in line, narrowing EBITDA guidance to mid-point range
>Results in line with estimates, strong North America offsets European weakness - Results in line with our estimates (EBITDA H1 2024 of € 296m, +1.4% vs our € 292m estimates) reflecting good performance across geographies except Europe affected by poor weather and a fragile macro environment (with the core French market also affected by the political scenario). North America (40% of the group’s sales) performed particularly well (sales +4.4% y-o-y in H1 24 and EBITDA ...Fluidra is engaged in the manufacture and commercialization of accessories and specific products for swimming pools, irrigation, and water treatment and purification systems.
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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