Very strong H1 21 execution indeed
EPS CHANGE
CHANGE IN EPS
2021 : € 0.29 vs 0.25 +17.4%
2022 : € 0.33 vs 0.27 +23.2%
With sales back to 2019 levels and operating margins substantially higher (+470bp to 7.7%), we have allowed for a 2021 bound to be an excellent harvest. While headwinds might crop up in 2022, notably on input costs, the jury is still out so that 2022 margins have been raised as well.
CHANGE IN DCF € 5.15 vs 4.18 +23.1%
The DCF benefits from a stronger than expect ....
24 Sep 2021
Very strong H1 21 execution indeed (SFPI Group)
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Very strong H1 21 execution indeed (SFPI Group)
- Published:
24 Sep 2021 -
Author:
Pierre-Yves Gauthier -
Pages:
2
Very strong H1 21 execution indeed
EPS CHANGE
CHANGE IN EPS
2021 : € 0.29 vs 0.25 +17.4%
2022 : € 0.33 vs 0.27 +23.2%
With sales back to 2019 levels and operating margins substantially higher (+470bp to 7.7%), we have allowed for a 2021 bound to be an excellent harvest. While headwinds might crop up in 2022, notably on input costs, the jury is still out so that 2022 margins have been raised as well.
CHANGE IN DCF € 5.15 vs 4.18 +23.1%
The DCF benefits from a stronger than expect ....