In this Consumer Weekly newsletter, we provide a brief overview of the key factors affecting our Consumer coverage, from Luxury & Consumer goods to Retail & E-commerce and Food & Ingredients. This week, we look at how sub-sectors within our Consumer coverage have fared since the beginni
2024 results were no big surprise with EBIT margin at 20.2%, in line with more recent guidance. Management also lifted its 2025 sales guidance, mainly in view of the strong USD. Lastly, we understand from yesterday's analysts' meeting that a new brand licence or acquisition is very likely before th
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