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Chargeurs

CR
Bloomberg   CRI FP
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From an industrialist to a luxury player?
Target
Upside 40.9%
Price (€) 10.5
Market Cap (€M) 265
Perf. 1W: -6.58%
Perf. 1M: -12.2%
Perf. 3M: -11.3%
Perf Ytd: -10.1%
10 day relative perf. to stoxx600: -10.0%
20 day relative perf. to stoxx600: -11.0%
Target Change03/09/2014

Change in Target Price€ 10.9 vs 11.0-0.31%

Target price remains unchanged as H1 earnings are in line with our high expectations. The NAV has not been revised as of yet.



Updates

15 May 15 Target Change
Chargeurs Redux

23 Mar 15 Earnings/sales releases
Faster forward

10 Feb 15 Earnings/sales releases
2014 sales above expectations

18 Nov 14 Earnings/sales releases
Volume growth confirmed

03 Sep 14 Earnings/sales releases
Sparkling H1 results from Protective Film busin...

12 May 14 Earnings/sales releases
Chargeurs has released Q1 sales up 1.9% pro-f...

09 May 14 EPS change
Solid operations and zero debt

11 Mar 14 Earnings/sales releases
Solid operations combine with zero debt

21 Jan 14 Earnings/sales releases
More of the same

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