Report
Anne-Barbara Nicco

Fnac Darty : Short maturity and low leverage provide visibility on a sector that is sorely lacking it. Recommendation raised to Buy on Fnac 2024. courte et faible endettement apportent de la visibilité à un secteur qui en manque cruellement. Recommandati

The retail sector is currently enduring a general cataclysm, on a scale sometimes close to that of March 2020 for certain names, minus the rapid rebound. Driven by a newsflow that now seems to go in one direction only, that of profit warnings, it is likely to remain under pressure as long as inflation, and concerns about consumption keep ticking up. However, by providing concrete figures, next earnings releases (H1) could allow for a better ranking of risks among issuers. In the ...
Underlying
Fnac Darty SA

Fnac Darty is engaged in the leisure and entertainment, technology, and household appliances retail market in France and a player on markets in other countries where it operates such as Spain, Portugal, Belgium, the Netherlands and Switzerland. Fnac Darty also has franchise operations in Morocco, Qatar and Ivory Coast.

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
Anne-Barbara Nicco

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