Chargeurs | CRI FP | Support Services | France | Updates

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Chargeurs ^CR	Bloomberg CRI FP
Support Services / France	Web Site \| Investors Relation

Strong 2025 ambitions, luxury flavour

Target

Upside 82.4%

Price (€) 15.17

Target Price (€) 27.7

Market Cap (€M) 377

Perf. 1W:	2.02%
Perf. 1M:	8.43%
Perf. 3M:	12.1%
Perf Ytd:	7.74%

10 day relative perf. to stoxx600:	-0.83%
20 day relative perf. to stoxx600:	9.94%

DCF Change16/11/2011

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Visible slowdown in demand
Change in DCF	€ 7.06 vs 6.94	+1.74%
Following the Q3 release, we have revised down our EBITDA forecast for 2011, 2012 and 2013, by respectively -7.7%, -6.8% and -5.9%, to take into account the economic / financial turmoil which led to weak demand.

03 Oct 12 Earnings/sales releases
Worsening context weighs on profitability

04 May 12 Other news/comments
Lower volumes will impact profitability

04 May 12 EPS change
A challenging 2012

19 Mar 12 Earnings/sales releases
Increasing profitability in a challenging context

21 Jan 12 Earnings/sales releases
Sales release: in line with our expectations

02 Dec 11 Other news/comments
Eduardo Malone has increased his stake

23 Nov 11 DCF Change
We also include an amount of €-4m to partly off...

16 Nov 11 DCF Change
Visible slowdown in demand

16 Nov 11 Earnings/sales releases
Visible slowdown in order inflow for Q4

16 Nov 11 EPS change
Visible slowdown in demand