Report
Robert Jan Vos

JDE Peet's N.V. : TP raised to € 35, but Neutral reiterated on liquidity and overhang arguments

>Price increases of 16% offset input cost inflation of 36% in H1 2022 - JDE Peet’s reported solid H1 2022 results, beating consensus on most lines. Despite 15.9% price increases, volumes remained virtually flat (-0.2%) in H1 2022. However, there were variances between divisions, with flat or higher volumes in four divisions, but a volume drop of 7.4% in the largest division, CPG Europe. In the latter, the high comparison base and tough negotiations with retailers were...
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

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