Casino Guichard: FIRST TAKE COMMENT: a guidance engraved in stone

BUY, Fair Value EUR69 (+57%)
News published on December Monday 21, 2015
Share on

Casino has just published a detailed response to allegations stated by Muddy Waters in which it provides a written guidance : 1/ around EUR900m 2016 EBITDA for France and 2/ a solid generation of free cash flow after financial expenses and dividends above €200m in France. Casino also detailed that 3/ the execution risk of the €2bn deleveraging plan is low given the high quality of the assets to be monetised, such as Big C Vietnam. Overall, proceeds from the deleveraging plan will reduce the group’s consolidated indebtedness.


For more information, please contact marketing@bryangarnier.com  

The Essentials

Everything you need to know about investment banking dedicated to growth
Stay Informed
Get our news
Join our Team
Bryan, Garnier & Co is always looking for talent in all our divisions, at all levels
Explore our opportunities