Report
Fatma Agnès Hamdani

LDC : Résultats S1 de très bonne facture. Guidance de ROC 2023/24 précisée supérieure à 350 M€

>Un ROC S1 en forte hausse de 60% à 193.4 M€ vs 163.5 M€. La marge augmente de 200 pb à 6.4% - Sur la base d’un CA S1 2023/24 déjà dévoilé de 3 022.3 M€ (+10.2% dont 8.2% en organique), LDC a publié un ROC en hausse de 60% à 193.4 M€. C’est bien au-dessus de notre prévision de 163.5 M€, impliquant une forte progression de marge de 200 pb à 6.4%. Ceci reflète en particulier une forte croissance de la rentabilité du pôle Volaille France de 50% à 155.6 M€ (vs 119.2 M€),...
Underlying
Societe LDC Societe Anonyme

Societe LDC SA is a France-based holding company engaged in food processing. The Group provides poultry products, as well as a range of delicatessen food. It has four business lines: Upstream division, which is responsible for branch management; Poultry division, engaged in the poultry, pig and cattle farming, as well as egg production and others; The Delicatessen division, offering ready-to-eat meals and snacks like pizzas, sandwiches, tarts and desserts and International division which focuses on international development with countries specific strategies. It markets its products under various brands, including Le Gaulois, Loue and Traditions d'Asie.

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
Fatma Agnès Hamdani

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