Colruyt Group N.V: 1 director

A director at Colruyt Group N.V bought 3,100 shares at 38.460EUR and the significance rating of the trade was 62/100. 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 clea...

Colruyt HY24/25 Conference call feedback

Following the publication of the 1H24/25 results yesterday evening, Colruyt held a conference call this afternoon. We have summarized the key highlights of the call below.

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 12/11/2024

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 11/12/2024

Benelux Morning Notes

Colruyt: c.5% EBIT beat, sales miss on low inflation and accounting technicalities. Colruyt: Acquisition of 40 gym clubs from NRG

Morning Notes : AALB NA, COLR BB, ZEAL DC

: AALB NA, COLR BB, ZEAL DC

Colruyt Group N.V. : Revenue disappointing, but results better than gu...

Colruyt 1H24/25: Competition weighs on sales, but reiterates guidance

Colruyt's HY24/25 comparable sales decreased by 2.0% to € 5.43bn, or well below kbcse of € 5.72m. The decline was mainly driven by the Colruyt banner due to unfavourable weather conditions, lower food inflation and declining market share. The sales pressure was however partially offset by further gross margin improvements. As such, the EBIT decline of 4.8% to € 245m came in above kbcse (€ 236m), and was also in line with the earlier guidance, with Colruyt already hinting for a limited EBIT decli...

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 12/05/2024

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 05/12/2024

Colruyt Group N.V. : Sales seen marginally up, and EBIT seen down in H...

Benelux Morning Notes

Colruyt: 1H24/25F preview – room to beat at EBIT level. Gimv: Major investment in the HVAC industry in France. Kinepolis: US/Canada box office at 94% of pre covid, France attendance recovery at 87%. NSI: Small acquisition in Utrecht

Benelux Morning Notes

Aedifica: Good top line, portfolio stabilising, guidance marginally revised upward. Ageas: China Taiping Life 3Q Solvency remains strong. ASM: 3Q24 results – That's a relief - FY25 guide narrowed upwards. Belgian Telecoms: Peer Telenet 3Q24 results, still losing shares. Fugro: Focus on EBITDA and orderbook. GBL: Kicking off its trainers and cashing in €0.6bn. Colruyt: To operate 100 OKay City stores by 2032F. Heijmans: Preview - Progressing well. KPN: VodafoneZiggo 3Q24 show still weak pe...

Colruyt/Discounted valuation/BUY (previously Hold0

We upgrade Colruyt to BUY and increase our target price from €36 to €52. We believe Colruyt's current discount to peers is unwarranted, especially given its healthy balance sheet and potential superior EBIT growth thanks to a rebound in profitability for its Retail division. We flag that Colruyt Lowest Prices (c.65% of group sales) is a unique player in the Food Retail segment and has a best-in-class EBIT margin. With a recovery in its key format, we expect Colruyt to post an EBIT CAGR of 6.3% o...

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 09/26/2024

‘Soft landing’... the term is in vogue and we think it aptly describes the current situation in the energy market. After a period of “excess profits”, the fundamentals are back in favour and prompt us to revise down our estimates for energy prices. - Alongside renewable energies, pockets of sustainable value creation are emerging for players capable of capitalising on the structural growth in volatility on the electricity markets but which are nonetheless trading at a discount In the U...

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 26/09/2024

“Soft landing”… le terme est à la mode et nous pensons qu’il caractérise bien la situation du marché de l’énergie aujourd’hui. Après une parenthèse de « surprofits », les fondamentaux reprennent leur droit et nous conduisent à réviser en baisse nos hypothèses de prix de l’énergie. A côté du renouvelable, des poches pérennes de création de valeur apparaissent pour les acteurs capables de profiter de la croissance structurelle de la volatilité des marchés électriques et qui souffrent ma...

Colruyt Group N.V. : A bit of sweet and sour from yesterday’s AGM

>FY 2024/25 guidance reiterated at yesterday’s AGM - Colruyt hosted its AGM yesterday afternoon. As usual, the food retailer provided comments on its outlook for the current fiscal year 2024/25.Some negative nuances provided concerning market share and margin - On a positive note, Colruyt reiterated its expectation to match last year’s result (operating profit of € 470m and net profit of € 368m) in 2024/25. Furthermore, Colruyt expects operating profi...

Benelux Morning Notes

Colruyt: FY24/25 guidance reiterated. Fastned: Preferred bidder for new JV. Vastned: Merger between Vastned Retail and Vastned Belgium approved

Morning Notes : COLR BB, CMBT BB, IVA FP, MDXH BB, UMI BB

: COLR BB, CMBT BB, IVA FP, MDXH BB, UMI BB

Colruyt No surprises in the AGM outlook update

As usual, Colruyt's AGM included an update on the outlook. However, contrary to previous years, the outlook did not contain any major surprises, with the group reiterating its June 24 ambitions. This implies a stable operating and net profit compared to FY23/24 (excluding one-offs). However, Colruyt does expect the result to be slightly lower in 1H24/25. This was not communicated previously. We reiterate our Hold and € 40.0 TP.