Report
Luis de Toledo Heras

Fluidra : Stable sales to contain margin progression in Q1

>Seasonal factors contain revenues and margin progression - Fluidra will release Q1 2024 results early next month. Q1 2024 are expected to be marginally lower than last year’s levels due to calendar effects (fewer working days due to Easter), sluggish demand in Europe (consumer confidence, macroeconomic and geopolitical factors) and bad weather in the US. The destocking process completed in 2023 prevented a larger decline in sales which we estimate to be rather limit...
Underlying
Fluidra S.A.

Fluidra is engaged in the manufacture and commercialization of accessories and specific products for swimming pools, irrigation, and water treatment and purification systems.

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
Luis de Toledo Heras

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch