Adjustments to our FY 23-24 outlook
TARGET CHANGE
CHANGE IN EPS
2023 : € 0.18 vs 0.39 -53.5%
2024 : € 0.60 vs 0.74 -19.2%
We have downgraded our EPS estimates for 2023 and 2024. The main factor impacting our revenue estimates is Chargeurs Luxury Fibers, whose sales are expected to decrease significantly vs. 2022 due to a negative price effect (strong drop in the conventional wool price (i.e.: micron 17 down by -30% on Q3 and -21% for 9M 23), and a change in product mix (less conventio ....

15 Nov 2023
Adjustments to our FY 23-24 outlook (Chargeurs)

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Adjustments to our FY 23-24 outlook (Chargeurs)
- Published:
15 Nov 2023 -
Author:
Saïma HUSSAIN -
Pages:
2 -
Adjustments to our FY 23-24 outlook
TARGET CHANGE
CHANGE IN EPS
2023 : € 0.18 vs 0.39 -53.5%
2024 : € 0.60 vs 0.74 -19.2%
We have downgraded our EPS estimates for 2023 and 2024. The main factor impacting our revenue estimates is Chargeurs Luxury Fibers, whose sales are expected to decrease significantly vs. 2022 due to a negative price effect (strong drop in the conventional wool price (i.e.: micron 17 down by -30% on Q3 and -21% for 9M 23), and a change in product mix (less conventio ....