Report
Geoffroy Michalet

SMCP : Vers un T3 dans les mêmes tendances que le T2, dans l’attente de l’avancée du transfert des actions de Dynamic Treasure Group.

>T3 : encore un organique négatif, mais en amélioration séquentielle, à -0.6% - Au titre de son T3, nous pensons que SMCP devrait publier un CA T3 en légère décroissance organique (-0.6%), en légère amélioration séquentielle (-2.3% au T2 et -5.1% au T1), mais avec un effet de base plus facile (-1.9% au T3 2023 vs 9.0% au T2 2023 et 6.7% au T1 2021). En synthèse, malgré un effet de base beaucoup plus favorable, la dynamique consolidée décélère, en raison majoritairemen...
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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