Chargers: weekend at half mast











Photo credit © Reuters


(Boursier.com) — Chargers lost 3%, on the 16.40 euros this Friday, while the group announced the creation of the strategic poles of activities Technologies, Luxury and Diversification “to reflect the acceleration of its value creation strategy”… Among the latest brokers’ opinions, Oddo BHF reduced its target from 30 to 24 euros, while remaining to ‘outperform’.
“We welcome this simplification of the presentation of the businesses which makes the development strategy of Chargeurs more visible, particularly in M&A. It should be noted that the Diversification division should remain particularly minority at the group level” underlined Portzamparc who remains in the purchase in aiming for a price of 29.70 euros.

The group’s management has also confirmed the objectives of the ‘Leap Forward 2025’ program:
-Organic turnover (1 MdE) and ORPA (100 M) targets for 2025 maintained
-Acceleration of the acquisition strategy, particularly within the CMS and CPC businesses
– Maintaining controlled debt leverage.


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