Despite clocking healthy sales and profitability in FY18, the French FCF generation looks inadequate at first glance. However, we continue to have faith in management – Casino has successfully improved its health over the past few quarters and this issue is also addressable. The 2019-21 strategy is one more step in the right direction. While the stock price might remain under pressure in the short term, it’s an attractive entry point for patient investors – with a time horiz
25 Mar 2019
Facing short-term hiccups, but moving in the right direction
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Facing short-term hiccups, but moving in the right direction
Casino, Guichard-Perrachon SA (CO:PAR) | 0 0 0.8% | Mkt Cap: 5,066m
- Published:
25 Mar 2019 -
Author:
Nishant Choudhary -
Pages:
5
Despite clocking healthy sales and profitability in FY18, the French FCF generation looks inadequate at first glance. However, we continue to have faith in management – Casino has successfully improved its health over the past few quarters and this issue is also addressable. The 2019-21 strategy is one more step in the right direction. While the stock price might remain under pressure in the short term, it’s an attractive entry point for patient investors – with a time horiz