Knaus Tabbert AG : Disappointing 9m 2023 results, the need to focus on deleveraging
>Very disappointing 9m results EBITDA at € 42.9m vs € 65.4m estimated - Knaus Tabbert published disappointing Q3 results. They were characterised by: 1/ revenues down 38% to € 197.8m, missing our estimates (€ 263.5m). Although the fall in revenues was more pronounced than we estimated, this trend does not come as a total surprise, as management indicated in July that it was adapting its production capacity by extending the August holiday (usually three weeks) by two w...
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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