(Boursier.com) — In last position on the CAC40, Crossroads fall of 4% to 15.6 euros, the lowest since October. The distributor will enter the period during which it will no longer be able to guide analysts and investors on its 2023 results, expected on February 19. With this in mind, Citi adjusted its forecasts and reduced its earnings expectations. “While we expect our underlying earnings assumptions to remain unchanged, we are lowering our FY2023 Ebit estimate to €2.27 billion (from €2.32 billion), reflecting an impact of 50 million euros due to the devaluation of the Argentine peso.
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