The broker indicates that it is adjusting its sales and operating profit projections for 2022 and 2023 by +0.5%, to reflect a stronger expectation of organic sales growth, +8.5%, for its consumer activity in the first quarter of 2022. .
Pending the quarterly business update on April 28, Stifel believes that ‘an absence of margin warnings and a sequential improvement in sales should continue to support the share’s outperformance’.
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