Duyuru • Jul 15
Rallye SA(ENXTPA:RAL) dropped from CAC AllShares Index Rallye SA has been dropped from the CAC AllShares Index Reported Earnings • Apr 25
Full year 2023 earnings released: EPS: €77.02 (vs €4.23 loss in FY 2022) Full year 2023 results: EPS: €77.02 (up from €4.23 loss in FY 2022). Net income: €4.08b (up €4.30b from FY 2022). Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: €77.02 (vs €4.23 loss in FY 2022) Full year 2023 results: EPS: €77.02 (up from €4.23 loss in FY 2022). Net income: €4.08b (up €4.30b from FY 2022). Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: €77.02 (vs €4.23 loss in FY 2022) Full year 2023 results: EPS: €77.02 (up from €4.23 loss in FY 2022). Net income: €4.08b (up €4.30b from FY 2022). Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: €77.02 (vs €4.23 loss in FY 2022) Full year 2023 results: EPS: €77.02 (up from €4.23 loss in FY 2022). Net income: €4.08b (up €4.30b from FY 2022). Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: €77.02 (vs €4.23 loss in FY 2022) Full year 2023 results: EPS: €77.02 (up from €4.23 loss in FY 2022). Net income: €4.08b (up €4.30b from FY 2022). Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: €77.02 (vs €4.23 loss in FY 2022) Full year 2023 results: EPS: €77.02 (up from €4.23 loss in FY 2022). Net income: €4.08b (up €4.30b from FY 2022). Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: €77.02 (vs €4.23 loss in FY 2022) Full year 2023 results: EPS: €77.02 (up from €4.23 loss in FY 2022). Net income: €4.08b (up €4.30b from FY 2022). Duyuru • Apr 16
Rallye SA, Annual General Meeting, May 22, 2024 Rallye SA, Annual General Meeting, May 22, 2024, at 08:30 Central European Standard Time. Location: Hôtel Marriott Champs-Elysées, 70-72 avenue des Champs-Elysées, 75008 France Agenda: To consider the Approval of the parent company financial statements for the year ended 31 December 2023; to consider the Approval of the consolidated financial statements for the year ended 31 December 2023; to consider the Allocation of the net loss for the year; to consider the Agreements governed by Article L. 225-38 of the French Commercial Code and Statutory Auditors’ special report; to consider the Notification of the lack of candidates for election to the Board of Directors; to consider the Approval of the information referred to in Article L. 22-10-9 I of the French Commercial Code relating to the 2023 compensation of corporate officers; to consider the Approval of the components of compensation paid in 2023 or awarded in respect of 2023 to Alexis Ravalais, General Manager until 12 June 2023, in connection with term of office; and to discuss other matters. Duyuru • Jan 24
Rallye SA, Annual General Meeting, Feb 12, 2024 Rallye SA, Annual General Meeting, Feb 12, 2024, at 14:00 Central European Standard Time. Location: Hôtel Marriott Champs-Elysées, 70-72 avenue des Champs-Elysées 75008 Paris France New Risk • Aug 08
New major risk - Revenue and earnings growth Earnings have declined by 39% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.5b free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Earnings have declined by 39% per year over the past 5 years. Minor Risks Negative equity (-€2.0b). Market cap is less than US$100m (€10.8m market cap, or US$11.8m). Reported Earnings • Aug 08
First half 2023 earnings released: €6.73 loss per share (vs €1.74 profit in 1H 2022) First half 2023 results: €6.73 loss per share (down from €1.74 profit in 1H 2022). Revenue: €2.00m (flat on 1H 2022). Net loss: €356.0m (down 491% from profit in 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Duyuru • Jun 29
Rallye SA to Report First Half, 2023 Results on Jul 27, 2023 Rallye SA announced that they will report first half, 2023 results on Jul 27, 2023 Reported Earnings • Mar 24
Full year 2022 earnings released Full year 2022 results: Revenue: €33.6b (up 8.2% from FY 2021). Net loss: €381.0m (loss widened €362.0m from FY 2021). Like-for-like sales growth: 5.2% vs FY 2021 Price Target Changed • Nov 16
Price target decreased to €2.63 Down from €3.06, the current price target is an average from 2 analysts. New target price is 16% below last closing price of €3.12. Stock is down 38% over the past year. The company posted a net loss per share of €0.36 last year. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 3 independent directors (7 non-independent directors). Independent Director Anne Yannic was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jul 30
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €19.0m from profit in 1H 2021). Profit margin: (down from 0.1% in 1H 2021). Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Anne Yannic was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 19
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: €30.6b (down 6.0% from FY 2020). Net loss: €123.0m (down 162% from profit in FY 2020). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 24% share price gain to €3.79, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 15x in the Consumer Retailing industry in Europe. Total loss to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 16% share price gain to €5.36, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 18x in the Consumer Retailing industry in Europe. Total loss to shareholders of 35% over the past three years. Reported Earnings • Jul 31
First half 2021 earnings released The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: €14.5b (down 12% from 1H 2020). Net income: €88.0m (down 27% from 1H 2020). Profit margin: 0.6% (down from 0.7% in 1H 2020). Reported Earnings • Apr 28
Full year 2020 earnings released: EPS €3.77 (vs €1.56 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €32.5b (down 7.9% from FY 2019). Net income: €197.0m (up 140% from FY 2019). Profit margin: 0.6% (up from 0.2% in FY 2019). Like-for-like sales growth: 11.6% vs FY 2019 Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 20
Full year 2020 earnings released The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €31.9b (down 9.6% from FY 2019). Net income: €28.0m (down 42% from FY 2019). Profit margin: 0.1% (in line with FY 2019). Is New 90 Day High Low • Feb 22
New 90-day high: €7.23 The company is up 41% from its price of €5.11 on 24 November 2020. The French market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 14% over the same period. Is New 90 Day High Low • Feb 03
New 90-day high: €6.77 The company is up 109% from its price of €3.24 on 04 November 2020. The French market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 12% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: €6.70 The company is up 75% from its price of €3.82 on 15 October 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 02
New 90-day high: €5.22 The company is up 27% from its price of €4.10 on 03 September 2020. The French market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 4.0% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: €3.35 The company is down 44% from its price of €5.93 on 30 July 2020. The French market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 1.0% over the same period. Is New 90 Day High Low • Sep 26
New 90-day low: €3.43 The company is down 53% from its price of €7.36 on 26 June 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 11% over the same period. 