Cautiously optimistic for the new year

07/01/25 -"Next has once again raised its FY24/25 expectations, driven by strong momentum in the UK online business and accelerated overseas online sales growth ahead of the holiday season. Looking ahead to ..."

Executive summary
Conflict of interest

Pages

Language

English

Published on

07/01/25

Download

You may also be interested by these reports :

21/01/25

Zalando

A new online fashion giant will be established from mid-25 on

21/01/25

DocMorris

FY24: Return to sales growth with acceleration of Rx sales in 4Q24

16/01/25

Currys

Currys’ Q3 peak trading performance was in line with our expectations. The group’s lfl sales grew 2.0% yoy. This was the first quarter since the ...

16/01/25

Kingfisher

The downgrade to our earnings forecasts is attributable to the following: 1) worse-than-expected Q3 sales, especially in France (-4.3% lfl; -170bp vs ...

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

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking

Trading in corporate shares

Analyst ownership

Advising of corporate (strategy, marketing, debt, etc)

Research paid for by corporate

Provision of corporate access paid for by corporate

Link between and a banking entity

Brokerage activity at AlphaValue