Kering : L’évolution de l’activité au T4 n’est pas encourageante, nous restons attentistes
>Résultats annuels solides et bon contrôle des coûts mais l’activité au T4 est décevante notamment sur Gucci - Le groupe sort un EBIT solide pour l’exercice 2020 à 3 135 M€ (marge 23.9%), c’est +4% au-dessus de nos attentes (+2% au-dessus de celles du consensus) et reflète le retour à des marges presque normales sur le S2 pour l’ensemble des marques/divisions grâce à un contrôle des coûts initié sur le S1 et maintenu sur le S2 ; on sort au niveau groupe à 28.3% contr...Kering is engaged in the retail industry, particularly luxury fashion brands. Co.'s operations can be divided into two segments: Luxury and Sport & Lifestyle divisions. The Luxury division includes brands such as Gucci, Bottega Veneta, Yves Saint Laurent, Balenciaga, Boucheron, Sergio Rossi, Alexander McQueen, Girard-Perregaux & JeanRichard, & Stella McCartney. In addition, Co. offers Leather Goods, Shoes, Ready-to-wear, Watches, and Jewelry & Other products. The Sport & Lifestyle division designs & develops footwear, apparel & accessories and includes brands like Puma, Volcom and Electric among others.
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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