The German group has released 2024 results in line with expectations. For 2025, guidance may seem cautious (the consensus is already at the high-end) in a less dynamic skin-care market. Q1 should even be below FY guidance. We reiterate our Neutral recommendation with an unchanged EUR145 PT.
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
A director at Moncler S.p.A. bought 17,003 shares at 67.746EUR and the significance rating of the trade was 67/100. 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 clearl...
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 the drivers behdind the busy M&A activity in Beauty. Happy reading!
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