View 
FILTERS (0)
* Not connected to ResearchPool

MORE FILTERS

  
reports
Cedric Rossi ... (+5)
  • Cedric Rossi
  • Clement Genelot
  • Loic Morvan
  • Paul Rouviere
  • Philippine Adam

On the shelves now: Consumer Weekly #21

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 expected growth recovery among e-commerce players and the necessary b

Carole Braudeau
  • Carole Braudeau

Morning Crédit 18/03/2024

Altice France annonce un accord avec CMA CGM et Merit France pour céder 100% d’Altice Media pour 1,55 md EUR en cash Masmovil : Moody’s relève le rating de B2/cw positive à Ba3/positive>...

Carole Braudeau
  • Carole Braudeau

Credit Morning 03/18/2024

Altice France agrees with CMA CGM and Merit France to sell 100% of Altice Media for € 1.55bn in cash Masmovil: Moody’s upgrades the rating to Ba3/positive from B2/cw positive>...

 PRESS RELEASE

EQS-News: HelloFresh SE meldet €7,6 Mrd. Konzernumsatz für das Geschäf...

EQS-News: HelloFresh SE / Schlagwort(e): Jahresbericht HelloFresh SE meldet €7,6 Mrd. Konzernumsatz für das Geschäftsjahr 2023 und kehrt zu positivem freiem Cashflow zurück 15.03.2024 / 06:59 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.   HelloFresh SE meldet €7,6 Mrd. Konzernumsatz für das Geschäftsjahr 2023 und kehrt zu positivem freiem Cashflow zurück Gesteigerter durchschnittlicher Bestellwert und stark wachsendes Geschäft mit Fertiggerichten leisten bedeutenden Beitrag   Währungsbereinigtes Wachstum von ca. 3% auf ca. €7,...

 PRESS RELEASE

EQS-News: HelloFresh SE reports €7.6bn consolidated revenue for the FY...

EQS-News: HelloFresh SE / Key word(s): Annual Report HelloFresh SE reports €7.6bn consolidated revenue for the FY 2023 and returns to positive free cash flow 15.03.2024 / 06:59 CET/CEST The issuer is solely responsible for the content of this announcement.   HelloFresh SE reports €7.6bn consolidated revenue for the FY 2023and returns to positive free cash flow Expanded AOV and strongly growing Ready-to-Eat business contribute meaningfully   Constant currency growth of approx. 3% to approx. €7.6 bn consolidated revenue In its fifth consecutive year of profitable growt...

Clement Genelot
  • Clement Genelot

HelloFresh: investment case completely wiped out, no longer a growth s...

With the glass ceiling in the meal-kit adoption rate reached much earlier than expected and 80% of business now set to stagnate at best, HelloFresh's long-standing growth story looks dead. Cut to Neutral with a new SOTP valuation showing that the current EUR7 share price rightly values the meal-kit

Carole Braudeau
  • Carole Braudeau

Morning Crédit 08/03/2024

Telecom Italia : plan 2024-26 ambitieux mais manque de clarté sur les métriques 2026Téléperformance : The Q4 23 call was a mixed bag, but we fear the investor base (equity and credit) is not convincedHelloFresh : profit warning>...

Jerôme Bodin
  • Jerôme Bodin

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/08/2024

We host our 8th ODDO BHF TMT Forum virtually in 07th and 08th March 2024. In total, 46 companies will be presenting during the forum. In the following note, we provide some initial feedback of companies on day 1. - ...

Carole Braudeau
  • Carole Braudeau

Credit Morning 03/08/2024

Telecom Italia: ambitious 2024-26 plan but lack of clarity on the 2026 metricsTeleperformance: the Q4 23 call was a mixed bag, but we fear the investor base (equity and credit) is not convincedHelloFresh: profit warning>...

Jerôme Bodin
  • Jerôme Bodin

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 08/03/2024

We host our 8th ODDO BHF TMT Forum virtually in 07th and 08th March 2024. In total, 46 companies will be presenting during the forum. In the following note, we provide some initial feedback of companies on day 1. - ...

Andreas Riemann
  • Andreas Riemann

HelloFresh : Profit warning for FY 2024, down to Neutral

>2023 prelims OK, but materially lower profits in 2024 - Yesterday evening, HelloFresh published an ad-hoc release. Revenue for 2023 is expected to amount to € 7.6bn (consensus: € 7.68bn, ODDO BHFe: € 7.66bn) with constant currency growth of 3%. Adjusted EBITDA is expected to amount to € 448m (consensus: € 451m, ODDO BHFe: € 454m). Both figures are in line with the company’s outlook and also broadly in line with expectations. Management also provided the first o...

Clement Genelot
  • Clement Genelot

HelloFresh: delayed recovery but risk/reward still positive

Following a surprising 11% FY EBITDA warning (mostly driven by temporary and already resolved issues by now concerning ready-to-eat in the US), we have cut our FY 2023-25 sales, EBITDA and FCF estimates by respectively 2-3%, 11% and 16% and arrive at a new PT of EUR33. Beyond legitimately poor shor

Carole Braudeau
  • Carole Braudeau

Credit Morning 11/16/2023

Soitec and HelloFresh cut full-year guidance>...

Carole Braudeau
  • Carole Braudeau

Morning Crédit 16/11/2023

Soitec et HelloFresh: révision en baisse des objectifs annuels.>...

Andreas Riemann
  • Andreas Riemann

HelloFresh : Profit warning for 2023 due to temporarily higher costs

>New sales target in line, new profit target implies 9% downside - Yesterday evening, HelloFresh narrowed its revenue growth outlook excluding FX for 2023 from 2%-8% to 2%-5% (consensus: 3%), i.e. in terms of sales that is no major surprise. Adjusted EBITDA target of € 470-540m was lowered to € 430-470m (consensus: € 495m). Quarterly active customers consequently will also be somewhat lower than initially anticipated. The lower revenue figure is partly driven by (i) f...

Andreas Riemann
  • Andreas Riemann

HelloFresh : Q3 in line, FY 2023 outlook confirmed, customer growth st...

>Sales growth accelerates, but customer numbers down 6% - Q3 2023 sales increased 4% y-o-y excluding FX to € 1,804m (consensus: € 1,829m, ODDO BHFe: € 1,828m), i.e. was in line with expectations and implies an improvement vs 1% growth in Q2. The North America business was up 4%%, while the International segment grew 2% (both excluding FX). The number of active customers was down 6% to 7.1m while we believe expectations were for 7.1m to 7.3m. Average order value rose 7...

Loading...
New interest

Save your current filters as a new Interest

Please enter a name for this interest

Email alerts

Would you like to receive real-time email alerts when a new report is published under this interest?

Save This Search

These search results will show up under 'Saved searches' in the left panel

Please enter a name for this saved search

ResearchPool Subscriptions

Get the most out of your insights

Get in touch