Report
Fatma Agnès Hamdani

LDC : Résultats S1 2019/20 un peu plus faible qu’attendu. Le S2 sera mieux orienté

>Retrait du ROC de 3% à 88.4 M€ vs 89.9 M€ - Sur la base d’un CA S1 2019/20 de 2 104.6 M€, en hausse de 8.4%en publié et de 3.9% à périmètre identique, LDC a publié un ROC de 88.4 M€, en recul de 4.2%, un peu en dessous de nos prévisions (89.9 M€) en raison d’une plus faible rentabilité de l’international. La marge opérationnelle est en baisse de 50 pb à 4.2% (vs 4.3%e). Par pôles, l’EBIT courant évolue comme suit :Volaille France (76% du CA et 79% de l’EBIT) :...
Underlying
Societe LDC Societe Anonyme

Societe LDC SA is a France-based holding company engaged in food processing. The Group provides poultry products, as well as a range of delicatessen food. It has four business lines: Upstream division, which is responsible for branch management; Poultry division, engaged in the poultry, pig and cattle farming, as well as egg production and others; The Delicatessen division, offering ready-to-eat meals and snacks like pizzas, sandwiches, tarts and desserts and International division which focuses on international development with countries specific strategies. It markets its products under various brands, including Le Gaulois, Loue and Traditions d'Asie.

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
Fatma Agnès Hamdani

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