Report
Christophe-Raphaël Ganet ...
  • Pierre Tegner

PUIG : Q3 up 11.6% l-f-l: rebound in makeup and strong momentum in fragrances

>Outperform rating maintained. Q3 numbers likely to be well received - Outperform rating maintained with the target price unchanged at € 26.1. We continue to believe that the stock merits a long-term rerating, given its superior growth potential and the gradual shift from fragrances to beauty products. In the very short term, the Q3 performance should be welcomed on two counts: (i) the group’s positioning in fragrances has shielded it from the slowdown in the beauty m...
Underlying
PUIG BRANDS

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
Christophe-Raphaël Ganet

Pierre Tegner

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