Report
Nicolas Thorez

Alan Allman Associates : Q3 sales slightly below forecasts. Focus on profitability in a context of poor momentum and topline visibility

>Q3 2024 sales of €87.9m, -1% reported by around c. -6% organic - AAA has reported Q3 2024 sales of € 87.9m, down a slight 1% y/y or c. 3% below our initial forecasts (ODDO BHF € 91m). The difference stemmed from a lower contribution from the acquisitions made over the past 12 months (relative to our forecasts) and a deeper than expected organic decrease, even though this was a slight improvement compared with Q2 given the positive calendar effect in particular. Indee...
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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