Updated assumptions and a lower target price
28/03/24 -"The decrease in the target price follows the updating of our model. The main impact has been on the comparison-based valuations. The group’s activities are sensitive to GDP growth and the economic ..."
Pages
52
Language
English
Published on
28/03/24
You may also be interested by these reports :
25/06/26
The tighter spending environment among Chinese consumers has resulted in softer luxury demand both domestically and abroad, while ongoing conflicts ...
04/06/26
We have integrated the stronger-than-expected FY25 results and raised our forecasts for both top-line and profitability from FY26 onwards. Our ...
29/05/26
The new target price includes the impact of the rights issue. Beyond the strengthening of the balance sheet, this capital increase supports a broader ...
25/05/26
We have incorporated FY25 results and the new reporting organisation. The new structure has been designed to optimise synergies between brands within ...