Hints and tips:
...He added: “If you’re growing at the pace that we are, then the P&L does manifest itself in cash requirements.” Sales at Interpath’s advisory business climbed to £26.9mn, up from £2.8mn a year earlier....
...Luxury Australian marque Aesop was sold to L’Oréal for $2.5bn in April and last month Natura agreed to sell The Body Shop to private equity firm Aurelius for a fraction of the price it paid in 2017, after...
...Also on a multiple of sales, L Catterton’s offer looks underwhelming — just 1.7 times this year’s revenues. For reference, the buyout group recently floated Birkenstock at 5.5 times sales....
...(Alphaville believes that using L’Oréal as an O is cheating, even if it makes your acronym look nicer.)...
...In November, Dell and Silver Lake completed the sale of VMware to Broadcom for $92bn, reaping part of an astounding windfall of $70bn for Dell, Silver Lake and their investors from the combined transactions...
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
...L’Oréal recently reported how an AI-powered app delivered a 63 percentage point uplift in the conversion rate of inquiries into sales compared with traditional counter selling methods....
...Speakers include Vodafone chief executive Margherita Della Valle and Dell Technologies chair and CEO Michael Dell....
...figures Germany: January factory orders data UK: BRC-KPMG Retail Sales Monitor, plus S&P Global construction PMI data Results: Alfa-Laval Q4, Amgen Q4, BP Q4, Eli Lilly Q4, Ford Q4, H&R Block Q2, Gartner...
...Khosrowshahi was hired in 2017 from Expedia, where he was once the best-paid chief executive in the S&P 500....
...LVMH is forecast to make a 35 per cent ebitda margin this year, according to S&P Capital IQ. Birkenstock achieved that in the year to September 2022, albeit on an adjusted basis....
...The US chip company on Wednesday reported a 265 per cent jump in quarterly revenues and said even stronger sales were on the way thanks to the spending frenzy on artificial intelligence....
...Ten stocks in the S&P 500, including Qualcomm, Monolithic Power and Texas Instruments, received more than a quarter of their annual revenue from China....
...A deal of that size marks a departure for L’Oréal because it is acquiring a relatively mature brand that already has sales of more than $500mn....
...Armani is Italy’s second-richest man, after the heir to the Nutella empire Giovanni Ferrero, and his business now also includes restaurants, luxury hotels and a beauty license with L’Oréal....
...And most of the remaining $8 billion to $10 billion after we get through the 2023 portion, which is $3 billion, will be in cost of sales and will be directly benefiting the foundry P&L. . . . well, yeah...
...L’Oréal recently bought the latter for $2.5bn or 4.7 times last year’s sales. Creed generated over €250mn of revenues in the year to March....
...Balance sheets are much healthier however, with S&L total balances currently totalling $274 billion (1% of GDP)....
...The number of $1bn-plus deals globally this year is on track to be the lowest since 2019, the S&P data shows....
...Sheeran wins ‘Let’s Get It On’ copyright infringement trial Ed Sheeran’s Thinking Out Loud © 2014 Asylum Records UK, a Warner Music UK Company Marvin Gaye’s Let’s Get It On © 2001 Motown Record Company L.P...
...The FTSE 100 is up just 5 per cent while the S&P 500 and the Nasdaq Composite have lost about 1 per cent over the same period....
...Blackstone in September became the first private equity group to be included in the S&P 500 index and its rivals Apollo Global and KKR are hoping they are not far behind....
...In 2018 Marshall’s “Past Times”, black figures picnicking and boating in reference to Monet’s “Déjeuner sur l’herbe” and river idylls, sold to rapper P Diddy for $21mn....
...LVMH last week reported a 17 per cent increase in global sales for the first quarter of 2023, with Asia-wide sales up 14 per cent on the back of China’s economic reopening....
...Harriet Clarfelt That kind of makes it easier for companies to raise cash through share sales....
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