Report
Anne-Barbara Nicco

Picard : The group's legendary resilience is barely undermined by inflation

Picard has reported its Q3 2022-23 results (FYE 31March 2023), last week and held its quarterly conference call this afternoon. While the group's latest publications remained very decent in a more complicated macroeconomic context, this quarter reflected, for the first time since the pandemic, a stronger than expected trend inflection (-0,8% LFL in France despite inflation). While this could have raised concerns on the eve of fresh cost increases to be recorded in 2023, it turns ...
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
Anne-Barbara Nicco

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