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 40.1%

Price (€) 10.6

Target Price (€) 14.8

Market Cap (€M) 267

Perf. 1W:	-5.19%
Perf. 1M:	-11.4%
Perf. 3M:	-10.3%
Perf Ytd:	-9.25%

10 day relative perf. to stoxx600:	-6.20%
20 day relative perf. to stoxx600:	-9.76%

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.

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

29 Aug 11 Earnings/sales releases
For H1 11, Chargeurs reported a 13.6% increas...

29 Aug 11 NAV Change
The slight increase in our NAV valuation is prim...