Stabilus SE : A soft Q1 2023-24 behind us and brighter prospects looking forward
>Q1 2023-24 was the low point in terms of the adj. EBIT margin due to the Americas - Stabilus’ Q1 2023-24 results were 1% shy of expectations in terms of group sales and 3% for adj. EBIT compared to the pre-earnings consensus. Group adj. EBIT margin declined to 10.9% in the quarter under review (consensus: 11.1%). In detail this miss was primarily driven by an abnormal weakness at the Americas business (sales -11% and adj. EBIT -49% vs the consensus), which was only p...
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.
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