Report
Knaus Tabbert AG : 2024 hurt by further impact from retailers' drive to cut inventories, Neutral vs Outperform
>Fresh downward revision to 2024 targets - In a press release published yesterday before market open, the Knaus Tabbert group lowered its FY 2024 targets. While it was initially anticipating € 1.3-1.4bn in FY 2024 revenues, now revenues expected to stand at the lower end of the range i.e € 1.3bn. In terms of EBITDA margin, management said it would be significantly lower than previously anticipated (previously 7-8%).In July 2024, management adopted more cautious a...
Underlying
Knaus Tabbert
Provider
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.
Christophe Chaput
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