Chargeurs | CRI FP | Support Services | France | Updates

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

From an industrialist to a luxury player?

Target

Upside 30.0%

Price (€) 11.32

Target Price (€) 14.7

Market Cap (€M) 285

Perf. 1W:	2.35%
Perf. 1M:	-5.35%
Perf. 3M:	-4.55%
Perf Ytd:	-3.08%

10 day relative perf. to stoxx600:	-0.92%
20 day relative perf. to stoxx600:	-4.99%

EPS change02/09/2013

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Deep, deep discount and firming up ground
Change in EPS	2013 : € 0.29 vs 0.30	-3.85%
	2014 : € 0.52 vs 0.49	+6.19%
Fine-tuning on EPS primarily combining a better outlook on Protection films and a more cautious one on Interlining with positive net implications on DCF-based valuations.
Change in DCF	€ 6.58 vs 5.85	+12.5%
Stronger DCF-based valuation on account of firmer earnings forecasts from 2014 onwards. Net debt at parent company level unchanged.

25 Nov 13 Other news/comments
Steady going over Q3

02 Sep 13 EPS change
Deep, deep discount and firming up ground

01 Sep 13 Earnings/sales releases
Corner turned?

19 Apr 13 EPS change
Allowing for the detailed 2012 final results

24 Jan 13 Earnings/sales releases
€16m 2012 loss; regaining room for manoeuvre

24 Jan 13 EPS change
Stronger balance sheet, shame about the 2012 ...

26 Nov 12 Earnings/sales releases
Resistance of prices, drop in volumes

26 Nov 12 EPS change
Worsening economic context as from Q2, recov...

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

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