L'Oréal : Rappel de nos prévisions 2020e : -4.7% en lfl, MOP à -57pb et BPA à -9%
>Net gain de compétitivité mais impact de la crise visible sur les résultats - Neutre maintenu. La performance du titre (+15% sur 12 mois avec un PER21e de 41x) salue les gains de compétitivité de L’Oréal grâce à l’efficacité d’un modèle de pure player diversifié opérationnellement et donc encore plus agile que ses concurrents. Avec un S2 qui devrait remporter le défi d’être en croissance en lfl dans un contexte encore restrictif pour la consommation de cosmétiques-be...L'Oreal acts as a holding company. Through its subsidiaries, Co. plays a strategic coordination role and scientific, industrial and marketing coordination role on a global basis. Co. develops, manufactures and commercializes products for Skin care, Hair care, Make-up, Perfumes, Toiletries and deodorants, and Oral cosmetics. Co. has three branches: Cosmetics, Body shop and Dermatology. Co.'s principal activities comprise four divisions: Professional Products, Consumer Products, L'Oreal Luxe and Active Cosmetics. The Body Shop branch offers various cosmetics and toiletry products. The Dermatology branch offers topical dermatology prescription, and corrective and aesthetic dermatology.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.