PUIG : From fragrances to beauty
PUIG, one of the global leading beauty groups, is going public with a solid growth plan for its core fragrances business and an expansion of its footprint into two other attractive segments: make-up and skincare. Its objective to become a diversified pure player in prestige beauty should generate a profitable growth profile (CAGR 23/26e EBIT +9.7%) with strong organic and acquisition-driven expansion potential that has already proved its worth. We are initiating coverage of the s...
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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