Report
Nicolas Thorez

Alan Allman Associates : CA T4 inférieur aux attentes : un ‘miss’ sur la guidance topline mais le management semble confiant pour préserver un niveau de rentabilité élevé

>CA T4 2023 à 95.3 M€, en hausse de 10% y/y, inférieur à nos attentes - AAA a généré au T4 2023 un CA de 95.3 M€, en hausse de 10% y/y, soit c. 6% en dessous de notre attente (ODDO BHF 101.1 M€). Cet écart provient i/ d’un net ralentissement de la croissance org au T4 (en territoire négatif), mais aussi ii/ d’une moindre contribution des acquisitions réalisées sur les 12 derniers mois (par rapport à nos attentes), et iii/ d’un effet Forex défavorable (+13% y/y à cc). ...
Underlying
Verneuil Participations

Verneuil Finance SA Formerly known as Verneuil Participations. Verneuil Finance SA, formerly known as Verneuil Participations SA, is a France-based investment company. The Company acquires shares in companies operating in a number of sectors, including the wood, real estate hotel promotion food processing and the leisure sectors. The Group operates its businesses through Societe Francaise de Casinos and Financier Duc. Through Societe Francaise de Casinos the Company offers a number of services, such as slot machines, games, shows & entertainment and restaurant and private reservation services, among others. The Company reports the leisure sector as its main activity.

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
Nicolas Thorez

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