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25 May 2020
BURBERRY: Some encouraging signs but uncertainty prevails | NEUTRAL | 1550p vs. 1800p (+9%)
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BURBERRY: Some encouraging signs but uncertainty prevails | NEUTRAL | 1550p vs. 1800p (+9%)
Burberry Group plc (BRBY:LON), 1,218 | Burberry Group plc (BRBY:LON), 1,218
- Published:
25 May 2020 -
Author:
Loic Morvan -
Pages:
4
BURBERRY - NEUTRAL | 1550p vs. 1800p (+9%)
Some encouraging signs but uncertainty prevails
FY March 2020 impacted by exceptional items linked to Covid
The LT strategy is going on
Costs cutting measures should nor prevent to a margin erosion
Neutral recommendation unchanged, FV adjusted