Report
Aurelien Sivignon

SES - imagotag : Feedback CMD : l’évolution du business model se traduit par des objectifs séduisants à horizon 2027. Recommandation Surperformance confirmée

>Une nouvelle feuille de route attractive pour 2027. OC relevé à 156 € - Hier après-midi, SES-imagotag tenait son CMD, à Paris, que nous avons jugé dans l’ensemble très convaincant. La nouvelle feuille de route stratégique acte l’évolution du business model de SESL, d’un modèle historiquement pure hardware vers un modèle hybride. Considérant les nouveaux objectifs communiqués par le groupe à horizon 2027, nous avons relevé de 20% notre prévision d’EBITDA en 2027+ (20....
Underlying
SES-imagotag SA

Ses Imagotag SA Formerly known as Ses-Imagotag SA. Ses Imagotag SA is a France-based company, which designs and markets electronic shelf labeling systems for food and non-food retail industries. The Company's solutions include store electronic systems (SES), electronic labels, software, radio and mounting systems. The Company's solutions are designed for every type of retail environment, including hypermarkets, supermarkets, electronics stores, garden centers, pharmacies and service stations. The Company's products are distributed in approximately 50 countries worldwide. Ses Imagotag SA's main clients include Intermarche, E. Leclerc, Monoprix, Groupe Casino, Carrefour and Auchan. The Company has a global presence, through its own subsidiaries and representations, in Italy, Spain, the United Kingdom, Scandinavia, Canada, Mexico and Singapore, as well as more than 60 international partners. It operates through imagotag GmbH, a manufacturer of electronic components.

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
Aurelien Sivignon

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