WEW's sales remained flat due to a premium assortment shift, but rising margins and cost efficiencies support a strong FY’26 rebound, justifying a maintained BUY rating with €18 PT.
09 May 2025
Q1 according to plan: margins up, top line to follow
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Q1 according to plan: margins up, top line to follow
WEW's sales remained flat due to a premium assortment shift, but rising margins and cost efficiencies support a strong FY’26 rebound, justifying a maintained BUY rating with €18 PT.