Spread Research - CBR Fashion- Weak 4Q17 and guidance offset FCF and deleveraging potential

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Spread Research

Anthony Giret

EUR 200.00 For Business Accounts Only

CBR Fashion- Weak 4Q17 and guidance offset FCF and deleveraging potential

CBR Fashion, the German apparel wholesaler active in the mid-price segment, has published its 4Q17 results, which were in line with the preliminary FY17 numbers released in early February. Q4 turned out to be even weaker than Q3, with sales and EBITDA down by 8% and 12% yoy to €128m and €21m, respectively.

13/04/2018 2 EN

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Spread Research

Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.

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Analysts

Anthony Giret

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CBR Fashion- Weak 4Q17 and guidance offset FCF and deleveraging potential

Gamenet 2q18 - sport payout change offsets regulation impact, goldbet to boost profitability

INTRALOT- Special Comment

IQVIA- 2Q18 Comments

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