Report
Geoffroy Michalet

SMCP : Postview : quelques éléments et ajustement de nos prévisions à la baisse

>Quelques éléments complémentaires du call - Suite au call de SMCP d’hier, nous avons listé les principaux éléments utiles qui n’étaient pas dans le communiqué :La position de cash à fin du T1 est supérieure à 200 M€, selon le management elle sera dédiée 1/ au remboursement des Commercial Papers et 2/ au cash burn, le management estime que c’est suffisant. Coté financement, la société étudie la possibilité de faire un PGE (Prêt Garanti par l’Etat), ce qui ne...
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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