Report
Geoffroy Michalet

SMCP : Feedback roadshow : quelques éléments qualitatifs complémentaires et ajustement de nos estimations avec le Coronavirus

>Quelques points de repère - A l’occasion d’un roadshow avec le mangement de SMCP suite au CA T4, nous avons pu faire ressortir quelques éléments qualitatifs permettant de mieux appréhender la valeur, bien que le momentum reste délicat (cf. notre flash d’hier)France (35% du CA 2019) - Phénomène intéressant que nous ignorions jusqu’à présent, c’est que si environ les 2/3 des magasins sont situés en dehors de la région parisienne, la province ne représe...
Underlying
SMCP SA

SMCP is engaged in the apparel and accessories retail market. Co.'s products are sold through a network of points of sale and websites. Co.'s product range is composed of on-trend and quality womenswear, menswear and accessories. Co.'s three brands can be characterized as follows: Sandro, targeted at sophisticated and self-confident women with a sleek, cool sense of style and a Parisian nonchalance; Maje, a bohemian chic positioning, targeting a feminine and young-at-heart and joie de vivre clientele and Claudie Pierlot, characterized as Parisian-preppy, wise and with a rebel touch. Claudie Pierlot is focused on a timeless, effortless style.

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
Geoffroy Michalet

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