The Q3 20 performance was much better than in Q2 20, the latter having been twice better than peers, retrospectively. Both footfall and retailers’ sales are back to normative levels, as far as Mercialys is concerned. We admit that the crisis is far from ending. However, we believe that the risk reward is improving progressively.

20 Oct 2020
The contrarian's corner: buy it

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The contrarian's corner: buy it
Mercialys SA (MERY:PAR) | 0 0 1.4% | Mkt Cap: 1,522m
- Published:
20 Oct 2020 -
Author:
Christian Auzanneau -
Pages:
4 -
The Q3 20 performance was much better than in Q2 20, the latter having been twice better than peers, retrospectively. Both footfall and retailers’ sales are back to normative levels, as far as Mercialys is concerned. We admit that the crisis is far from ending. However, we believe that the risk reward is improving progressively.