(Boursier.com) — Guerbet rose 5.5% to 37.85 euros this Friday, while the group published a turnover for the 1st quarter of 194.3 ME, up 7.6% compared to the same period in 2023. Taking into account an unfavorable exchange rate effect of 2.2 ME, largely linked to Asian currencies, turnover is up 8.8% over the period on a like-for-like basis.
Guerbet confirms that for 2024 it expects growth in its turnover of more than 8% on a comparable basis and a restated EBITDA margin rate at a level higher than that experienced in 2021.
Portzamparc is taking advantage of the rise in the stock market to remove it from its ‘short list’, the potential being now more reduced on the stock, despite an adjusted target price of 39.10 to 40.60 euros. The broker’s “convictions” short list is composed of Eramet, Esker, 2CRSI, Herige, Medincell, Precia, Spie and VusionGroup….
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