Added to YB: 2024-03-26
Pitch date: 2024-03-22
BLC.PA [neutral]
Bastide Le Confort Médical SA
+41.88%
current return
Author Info
Company Info
Bastide Le Confort Médical SA, together with its subsidiaries, engages in the sale and rental of medical equipment in France, the United Kingdom, Belgium, Spain, Canada, the Netherlands, and Italy.
Market Cap
EUR 174.6M
Pitch Price
EUR 16.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.44
P/E
19.48
EV/Sales
0.93
Sector
Health Care Providers and Services
Category
turnaround
Bastide Le Confort quick update
BLC.PA: French healthcare home assistance consolidator hit by inflation & fixed state prices. Despite 6-7% organic growth, high debt (3.4x EBITDA) & 6.5% interest weigh on €7M profit (€17M prior). Acquisitions paused to delever. Upside: pricing reform, rate cuts; risks: further inflation & refinancing costs. Recovery potential but risks remain.
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