Lorne SteinbergKering SAKER-ETOP PICKOct 20, 2023

Top luxury brands business in Europe (Gucci etc.) New luxury fragrance acquisition very attractive. Trading at 15x earnings. Large margins on products very good for cash flow. Double digit revenue growth. ~3% dividend yield. Trading at discount to peers like LVMH.

Lorne Steinberg

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Lorne SteinbergKering SAKER-ETOP PICKOct 20, 2023

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