Oddo BHF confirms its 'outperform' rating on LDC shares, with an unchanged target price of €88.

Last night, LDC reported quarterly sales of €1755.6m, up 6.7%, in line with Oddo BHF's estimate (€1757.8m) and the consensus forecast (€1740.7m).

LDC confirms its current operating margin guidance of around 5% or even 5%+ for 2024/25.

We, like the consensus, are looking for 5.2%, the analyst says.

LDC also confirms all the targets set out in its strategic plan: to break through the €7bn sales threshold in 2026-2027, and to achieve EBITDA of almost €560m by this date.

Oddo BHF considers these targets to be "conservative", particularly in view of recent international acquisitions "whose results look promising".


Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.