Report
Jeremy Garnier

Manutan International : Résultats S1 en ligne avec nos attentes, prudence pour le S2

>ROC S1 2019/20 : 24.3 M€ (vs 24 M€e) en baisse de 3.2% - Manutan International a publié hier soir des résultats semestriels en ligne avec nos attentes. Pour un CA déjà publié de 376.2 M€ en légère croissance de 1% yoy grâce à la contribution de Kruizinga (-2.8% lfl), le ROC ressort à 24.3 M€ (vs 24 M€e) en baisse de 3.2% soit une marge opérationnelle courante stable à 6.5%. Le RNpg, quant à lui, recule de 4.4% à 15.6 M€.Bonne résistance des marges dans u...
Underlying
Manutan International SA

The Manutan Group is a retailer whose focus is on the multichannel distribution market, providing supplies and equipment for a businesses and local authority customer base. Co. mainly markets its products and services in 19 countries throughout Europe where it has operations, Africa, Asia and in the Middle East. Co.'s product offerings comprise over 200,000 items, covering products required by businesses for their materials handling, lifting, storage, industrial supplies, safety, hygiene, packaging, office and workshop furniture, supplies and consumables needs, as well as furniture for hotels and restaurants, and educational, healthcare and sport materials for local authorities.

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
Jeremy Garnier

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