Serge Ferrari : FY 2023 revenues a shade below expectations, momentum remains challenging
>FY 2023 revenues down 3.3% (-6.8% LfL) to € 327.6m (vs € 335m est.) - Serge Ferrari reported yesterday evening revenues slightly below our estimate. Full-year revenues were down 3.3% YoY to € 327.6m (vs. € 335m est.), due to a price-mix effect of 3.7%, a negative volume effect of -10.7%, a forex effect of -1% and a consolidation effect of 4.7% (tied the acquisitions made in mid-2022 (Baltijos Tentas in Lithuania and MSE/DCS, Dutch companies specialising in the desig...Sergeferrari Group SAS is a France-based company, which produces flexible composite materials. It designs and produces such products as performance building materials (tensile architecture, bioclimatic facade, solar protection and acoustic solutions), advanced materials (modular structures, agro-energy and environmental protection) and design & outdoor materials (yachting protection, contract and outdoor furniture, awnings and canopies, visual communication and ecolodge). Beyond products, Sergeferrari Group SAS is also committed to providing support to its customers, skilled technical resources supporting customers, application advice aiming at specified sales and suitable technical documents, by providing training to customers. It operates through Giofex.
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.