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 35.7%

Price (€) 10.46

Target Price (€) 14.2

Market Cap (€M) 260

Perf. 1W:	3.98%
Perf. 1M:	6.63%
Perf. 3M:	-8.08%
Perf Ytd:	-10.4%

10 day relative perf. to stoxx600:	3.11%
20 day relative perf. to stoxx600:	11.7%

Target Change09/05/2016 16:01

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Change in Target Price	€ 16.5 vs 14.8	+11.3%
We have updated our figures with 2015 finals and given a slightly more positive twist to 2016 after strong Q1 revenue figures on a pro forma basis.
Change in EPS	2016 : € 1.14 vs 1.09	+5.00%
	2017 : € 1.22 vs 1.16	+4.70%
Strong Q1 revenues help support the case for a solid outlook in both 2016 and 2017. We record a small increase in bottom lines as a result.
Change in DCF	€ 13.6 vs -28.0	ns
The DCF based valuation gains from allowing for the strong 2016 net cash situation and the cancellation of a mistake on outyear tax payment in previous modelling.

14 Sep 16 Target Change
H1 shows jump in profitability

20 Jul 16 Other news/comments
Chargeurs goes for acquired growth, at last

09 May 16 Target Change
We have updated our figures with 2015 finals a...

04 Apr 16 Target Change
Very strong 2015 Ebit delivery helps boost fore...

15 Mar 16 Earnings/sales releases
Strong 2015 earnings and refreshing growth tone

28 Jan 16 Earnings/sales releases
Confirmed robust 2015 sales

12 Nov 15 Earnings/sales releases
Q3 sales growth where it matters: protective films

08 Oct 15 ESG related
Change of control

08 Sep 15 ESG related
Voting rights reaffirmed

02 Sep 15 Earnings/sales releases
An unexpected growth message wrapped in a s...