Report
Robert Jan Vos

JDE Peet's N.V. : Strong H1 2024, but our H2 view has not changed much; TP up to € 23.50

>On most headlines, relatively broad-based strong H1 2024 results - JDE Peet’s reported stronger than expected organic growth in sales and adjusted EBIT in H1 2024, for two out of four divisions (LARMEA and Peet’s) for sales, and in all divisions for adjusted EBIT, even when correcting for a one-off insurance payment of € 16m (for Peet’s) included in adjusted operating profit in H1 2024. Below the EBIT line, we see confirmation that the group’s finance expenses are ve...
Underlying
JDE Peet's NV

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
Robert Jan Vos

Other Reports on these Companies
Other Reports from Oddo BHF
Anthony Dick ... (+2)
  • Anthony Dick
  • Michael Foundoukidis

ResearchPool Subscriptions

Get the most out of your insights

Get in touch