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Return to organic growth expected after Q1 21

22/02/21 -"The change in the target price is derived from the update of our 2021-22 estimates with a minor impact on the valuation. An organic negative trend at the top line is expected in Q1 21 (our estimate ..."

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58
Language
English
Published on
22/02/21
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EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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Advising of corporate (strategy, marketing, debt, etc) NO
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Provision of corporate access paid for by corporate NO
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Brokerage activity at AlphaValue NO