Valuations. In a market context that is still adverse for small caps, attractive valuations are legion… Reworld is a fairly representative textbook case with a 2023 PER estimated at 6. Over the first nine months of the year, the figure of Business increased by +9.9% in raw data. If we stick to purely organic growth, the rate is -0.7%… In the BtoC part, activity declined. Faced with an unprecedented rise in the price of paper, production costs have increased significantly. The company has chosen to rationalize its distribution and increase its sales prices in a reasonable manner. This had the effect of a decline in sales and a contained erosion of profitability…
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