(Boursier.com) — Venteunique .com jumped 5.6% to 15.1 euros after its half-yearly publication, the confirmation of its annual guidance and the presentation of its 2029 objectives. Based on a very solid first half and in line with Group standards, the management has thus confirmed that it is targeting double-digit annual growth in its overall business volume and a new year of profitable growth.
“With these incomparable assets and the potential of its various profitable growth levers, the Group has defined a new medium-term business plan. The objective is to continue to generate solid double-digit growth and exemplary profitability at double digits over the next 5 years.” Management is therefore counting on a consolidated turnover of around €400 million with an adjusted Ebitda margin of around 14% in 2029.
Following these half-year results above its expectations, TP ICAP Midcap is raising its 2024 EPS estimates by 24% and its price target from 18 to 18.4 euros. The analyst logically reiterates his ‘buy’ opinion after the presentation of his objectives which are considered very ambitious.
©2024 Boursier.com