Seb: UBS remains Buy after 2024 figures

(CercleFinance.com) - UBS believes that the figures for Q4 2024 are in line, and highlights the good performance of the more mature regions.


Following this announcement, the analyst confirms his Buy recommendation with an unchanged price target of E135, representing a potential upside of 48%.

"Following the results, we are raising our estimates for fiscal 2025 by around 1% (taking into account an acquisition)" says UBS.

"This solid publication, in line with expectations, confirms an operating margin close to 10% for the full year 2024. The Group is thus validating its return to growth standards, with an expected increase of around 10% in operating profit for 2024' said the Group.


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