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    ARG   FR0010481960

ARGAN

(ARG)
  Report
Real-time Euronext Paris  -  11:35:05 2023-01-27 am EST
79.50 EUR   +0.25%
01/24Half year assessment at end of december 2022 liquidity contract with Oddo
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01/24Half year assessment at end of december 2022 liquidity contract with Oddo
AQ
01/19Argan : Recurring net income for 2022 up +6% to €119m
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Nabil Abbaze of Ameera London Gives Back One Drop of Argan Oil at a Time

11/15/2022 | 05:07am EST

British entrepreneur and founder of Ameera London, an organic beauty brand, continues to deliver the goodness of Argan oil, enhancing peoples' beauty and improving the lives of others.

Nabil Abbaze has created a double-edged sword through Ameera London, a beauty brand that uses Argan oil to create innovative beauty solutions for different categories of customers. Ameera London aims to enhance peoples' beauty and improve the lives of others, delivering pure organic products, crafted from high-quality ingredients, formulated using ancient Moroccan beauty secrets.

"We founded our business to help empower others. Through working together, we can all make a difference." - Nabil Abbaze.

The global multi-billion-dollar beauty industry continues to evolve, thanks to the emergence of brands to meet the growing and diverse needs of customers. However, the trend shift that has led to the increasing demand for organic beauty solutions is yet to be fully harnessed by brands. Consequently, Ameera London aims to deliver the goodness of natural beauty products to customers by leveraging the richness of Argan oil.

Argan oil is attributed to offering over a dozen health and beauty benefits for the skin and hair. Therefore, Ameera London aims to help women across age groups and skin types to build their confidence. The beauty, hair, and skincare brand promotes women's empowerment across the globe, partnering with other like-minded institutions to drive related initiatives. Over the years, Ameera London has collaborated with schools, charities, suppliers, and co-operatives in Morocco to provide food, clothing, and employment to help build and elevate its people.

To learn more about Ameera London and the women empowerment campaign championed by the brand, visit - https://www.ameeralondon.com/. Ameera London can also be found across social media, including Twitter and Facebook.

About Ameera London

Ameera London was founded by Nabil Abbaze in 2016 as a beauty, hair, and skincare brand that promotes women's empowerment globally, by collaborating with them to encapsulate ancient Moroccan beauty secrets into luxurious hair and skincare products. The company takes a holistic approach to beauty that transcends skincare and focuses on a balanced lifestyle across the mind, body, and well-being.

Media Contact

Company Name: Ameera London

Contact Person: Nabil Abbaze

Email: info@ameeralondon.com

State: London

Country: United Kingdom

Website: www.ameeralondon.com

Source: www.abnewswire.com

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Analyst Recommendations on ARGAN
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Financials
Sales 2022 165 M 179 M 179 M
Net income 2022 149 M 162 M 162 M
Net Debt 2022 1 827 M 1 983 M 1 983 M
P/E ratio 2022 12,1x
Yield 2022 3,77%
Capitalization 1 824 M 1 980 M 1 980 M
EV / Sales 2022 22,1x
EV / Sales 2023 20,7x
Nbr of Employees 26
Free-Float 43,8%
Chart ARGAN
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Technical analysis trends ARGAN
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 2
Last Close Price 79,50 €
Average target price 96,00 €
Spread / Average Target 20,8%
EPS Revisions
Managers and Directors
Ronan Le Lan Chairman-Management Board & CEO
Francis Albertinelli Director-Admin & Finance & Member-Executive Board
Jean-Claude Le Lan Chairman-Supervisory Board
Florence Soulé de Lafont Member-Supervisory Board
François-Régis de Causans Member-Supervisory Board
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