Chargeurs | CRI FP | Support Services | France | Updates

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Chargeurs ^CR	Bloomberg CRI FP
Support Services / France	Web Site \| Investors Relation

From an industrialist to a luxury player?

Target

Upside 40.9%

Price (€) 10.5

Target Price (€) 14.8

Market Cap (€M) 265

Perf. 1W:	-6.58%
Perf. 1M:	-12.2%
Perf. 3M:	-11.3%
Perf Ytd:	-10.1%

10 day relative perf. to stoxx600:	-10.0%
20 day relative perf. to stoxx600:	-11.0%

EPS change26/11/2012

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Worsening economic context as from Q2, recovery expected as from 2013
Change in EPS	2012 : € -0.03 vs 0.36	ns
	2013 : € 0.29 vs 0.45	-34.7%
The overall margin for 2012 will be lower than previously anticipated and therefore we have revised down our forecast. 2013 is impacted by a higher tax effect.
Change in DCF	€ 9.05 vs 6.09	+48.7%
The lower than previously anticipated net debt drives our DCF valuation upwards despite the downward revision of the group's profitability for 2012.

25 Nov 13 Other news/comments
Steady going over Q3

02 Sep 13 EPS change
Deep, deep discount and firming up ground

01 Sep 13 Earnings/sales releases
Corner turned?

19 Apr 13 EPS change
Allowing for the detailed 2012 final results

24 Jan 13 Earnings/sales releases
€16m 2012 loss; regaining room for manoeuvre

24 Jan 13 EPS change
Stronger balance sheet, shame about the 2012 ...

26 Nov 12 Earnings/sales releases
Resistance of prices, drop in volumes

26 Nov 12 EPS change
Worsening economic context as from Q2, recov...

03 Oct 12 Earnings/sales releases
Worsening context weighs on profitability

04 May 12 Other news/comments
Lower volumes will impact profitability