Oddo BHF - Voyageurs du Monde SA (ALVDM) Voyageurs du monde : 2023 results generally in line – Good visibility on H1 2024 – Announcement of proposed OPRA offer for 20% of share capital at € 150 per share

Report

Oddo BHF

Hela Zarrouk ...

Johanna Jourdain

Voyageurs du monde : 2023 results generally in line – Good visibility on H1 2024 – Announcement of proposed OPRA offer for 20% of share capital at € 150 per share

>Strong growth in FY 2023, in line with expectations - Voyageurs du Monde has reported 2023 full-year results generally in line with expectations, including: 1/ consolidated sales growth of 39.5% to € 693.6m (vs. ODDO BHF estimate of € 696.2m), benefiting from a favourable base effect (mainly in H1), high demand for travel and the integration of acquisitions carried out in 2022. On a like-for-like basis, 2023 sales rose by 16.5% relative to the benchmark year of 2019....

24/04/2024 1 EN

Underlying

Voyageurs du Monde SA

Voyageurs du Monde SA is a France-based travel company. It is engaged in the provision of travel-related services, which includes organizing personalized travel itineraries for individual clients; running guided tours and group holidays; providing special interest package holidays; organizing trips for large groups and associations, and providing flight and hotel reservation services in the number of countries in Africa, South America, Asia, the United States and Europe. Voyageurs du Monde SA runs several specialized travel bookshops throughout France and organizes conferences, exhibitions and craft fairs from around the world. In addition, it offers accommodation services in Morocco, Brazil and Egypt. The Company operates through Comptoir des Voyages SA, Original Travel Co Ltd, Villa Nomade SARL, Villa Bahia, Voyageurs d'Egypte, Satyagraha's Guest House and Ke Adventure Travel, among others. The main shareholder of the Company is Avantage SA.

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FR0004045847 Euronext Paris France

Provider

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.

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Analysts

Hela Zarrouk

Johanna Jourdain

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Voyageurs du monde : 2023 results generally in line – Good visibility on H1 2024 – Announcement of proposed OPRA offer for 20% of share capital at € 150 per share

ODDO BHF Small & MIDCAP MORNING NEWS - 04/25/2024

ODDO BHF Small & MIDCAP MORNING NEWS - 25/04/2024

Voyageurs du monde : Positive medium-term outlook but 2024 will see the end of the catch-up period

Infineon Technologies AG : A revision is virtually certain, perhaps below the current consensus, but how far can it reasonably go?

Infineon Technologies AG : Une révision est quasi-certaine, peut-être même au-delà du consensus actuel, mais jusqu’où cela peut-il raisonnablement aller ?

Credit Morning 05/06/2024

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