3Q25: Solid quarter in line with expectations

04/11/25 -"A solid quarter overall. The CFO change appears to be driven by non-operational reasons, although we do not have full confirmation of this. We confirm our buy recommendation. "

Executive summary
Conflict of interest

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English

Published on

04/11/25

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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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