The rebound continues after the very severe COVID-19-related trough
All segments performed much better in Q1 22, and have beaten the group’s guidance
Revenues were still 19% lower than in Q1 19, but the situation is improving quite markedly (FY21 was down 41% vs FY19)
The stock is an opportunity to bet on the end of the pandemic, we believe
06 May 2022
Q1 22 revenues confirm the progressive recovery in the group’s markets
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Q1 22 revenues confirm the progressive recovery in the group’s markets
- Published:
06 May 2022 -
Author:
Fabrice Farigoule -
Pages:
2
The rebound continues after the very severe COVID-19-related trough
All segments performed much better in Q1 22, and have beaten the group’s guidance
Revenues were still 19% lower than in Q1 19, but the situation is improving quite markedly (FY21 was down 41% vs FY19)
The stock is an opportunity to bet on the end of the pandemic, we believe