ENXTPA:FDJUHospitality
FDJ United (ENXTPA:FDJU) Stock Confronts Profit Collapse Despite Steady Revenue
FDJ United stock closed at €22.4 after a choppy week that left short term holders nursing a small loss. The headline story is not the share price. It is the squeeze in profitability that runs through these results.
Net profit over the last twelve months came in at €24m on €3.59b of revenue, which works out to a 0.7% margin compared with 9.2% a year earlier. That gap sits at the heart of today’s earnings debate. You are deciding whether this is a temporary hit or a reset in how FDJ United now...