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Kepler Cheuvreux

Start of Coverage: 14-05-2013

Resume of the last report made by this analyst

Cutting our estimates to reflect retail tax, moderating LFL in Poland, and other minors. We cut our estimates, decreasing our 2021-22E EBITDA by 8% a year and our net profit by 15%.

Analyst: Inigo Egusquiza

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