ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 29/04/2025

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 04/29/2025

Chargeurs : Q1 2025 revenues close to our forecast

Chargeurs : CA T1 2025 proche de notre attente

Chargeurs: 1 director

A director at Chargeurs sold 1,500 shares at 12.760EUR and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showin...

ODDO BHF Small & MIDCAP MORNING NEWS – 02/13/2025

ODDO BHF Small & MIDCAP MORNING NEWS – 13/02/2025

Chargeurs : Solid 2024 results, good visibility over 2025

Chargeurs : Résultats 2024 solides et bonne visibilité pour 2025

ODDO BHF Small & MIDCAP MORNING NEWS - 11/07/2024

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ODDO BHF Small & MIDCAP MORNING NEWS - 07/11/2024

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Chargeurs : Good Q3 revenues - gradual recovery confirmed and better v...

>Q3 revenues up 11.2% (+10.5% l-f-l) at € 165.3m - Chargeurs’ Q3 revenues, reported this morning, were close to our forecast with growth of 11.2% to € 165.3m (vs € 175m est.). Over nine months on a cumulative basis, revenues came to € 539.6m (vs € 550m est.) reflecting growth of 9.4% (+10.9% l-f-l). Revenues from nearly all the divisions were in line with our expectations, the gap for Museum studio stemming from delayed billing for projects from quarter to quarter bu...

Chargeurs : Bon CA T3 2023 - rebond progressif confirmé et meilleure v...

>CA T3 en hausse de 11.2% (+10.5% lfl) à 165.3 M€ - Chargeurs a publié ce matin un CA T3 proche de notre attente en progression de 11.2% à 165.3 M€ (vs 175 M€e). Sur 9 mois cumulés, le CA s’établit à 539.6 M€ (vs 550 M€e) traduisant une croissance de 9.4% (+10.9% lfl). Tous les CA par pôle sont en ligne avec nos attentes, l’écart provient du pôle Museum Studios avec des décalages de facturation de projets d’un trimestre à l’autre mais aucune remise en question de la ...

Solid first half with robust cash generation

Solid first half with robust cash generation EARNINGS/SALES RELEASES Chargeurs is confirming its Q1 24 trend continues into H1 24, with the top line and profitability exceeding expectations, bolstered by all the group’s core activities. Novacel (formerly Chargeurs Advanced Materials), in particular, saw its operating margin doubling, thereby consolidating its recovery. Improved profitability together with better working capital management led to a substantial accretion in OCF, enabling the gro...

ODDO BHF Small & MIDCAP MORNING NEWS - 09/05/2024

We host the 15th edition of the Corporate Conference in cooperation with Commerzbank on September 3rd & 4th 2024 in Frankfurt am Main. This year we are welcoming 90 German small, mid and large cap companies. - ...

ODDO BHF Small & MIDCAP MORNING NEWS - 05/09/2024

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Chargeurs : H1 results a shade below forecasts

>H1 sales of € 374m (vs € 377m est.) up 8.6% / underlying operating profit of € 17m (vs € 20m est.) - This morning, Chargeurs published H1 results that came in a shade below our forecasts. Sales were € 374m (vs € 377m est.) up 8.6% (+11.1% l-f-l) implying Q2 sales of € 196m, up 9.5% (after Q1 sales of € 178m up 6.7%). Underlying operating profit was € 17m (vs € 20m est.), i.e. an operating margin of 4.5% up 80bp. Lastly, attributable net profit was -€ 3.5m (vs € 4m e...

Chargeurs : Résultats S1 légèrement inférieurs aux attentes

>CA S1 de 374 M€ (vs 377 M€e) en hausse de 8.6% / ROC de 17 M€ (vs 20 M€e) - Chargeurs a publié ce matin des résultats S1 légèrement inférieurs à notre attente. Le CA atteint 374 M€ (vs 377 M€e) en croissance de 8.6% (+11.1% lfl) impliquant un CA T2 de 196 M€ en hausse de 9.5% (après un CA T1 de 178 M€ en hausse de 6.7%). Le ROC ressort à 17 M€ (vs 20 M€e) soit une marge d’exploitation de 4.5% en hausse de 80 pb. Enfin le RNpg est négatif à -3.5 M€ (vs 4 M€e) en raiso...

Q1-24 Chargeurs kicks off the year in high gear

Q1-24 Chargeurs kicks off the year in high gear EARNINGS/SALES RELEASES Chargeurs got off to a good start in 2024 with 10% yoy organic revenue growth, boosted by all of its divisions. As in the previous quarters, the Luxury segment continued to be the Group’s main driving force, bolstered by the museum activity. The positive surprise of this release, however, was Advanced Materials, which returned to growth territory after 6 consecutive quarters of decline, lifted by a volume effect, even in a...

ODDO BHF Small & MIDCAP MORNING NEWS - 30/04/2024 Date Performance dep...

L’offre de BHP sur Anglo American a confirmé l’intérêt des minières pour le cuivre dans un contexte de tensions croissantes sur la production et de difficultés à faire aboutir les projets. Les perspectives d’Anglo (Neutre) dans le cuivre sont désormais mieux valorisées, c’est aussi le cas de BHP (Neutre vs Sous-performance) mais pas encore assez, selon nous, sur Rio Tinto (Surperformance vs Neutre). En aval, Nexans et Montana Aerospace sont nos valeurs préférées (Surperformance) vs Au...