Analyst

Steve

Experience in both buy and sell-side in Asia.

L'Occitane (973 HK):  Sol De Janeiro Growth Taking Off

L'Occitane (973 HK):  FY1H24 Earnings Hurt By Massive Increase In Marketing, As Expected

L'Occitane (973 HK):  Operational Update Shows Strong Growth Momentum

Equity Bottom-Up

<ul>
<li>L'Occitane (973 HK) announced two solid moves this week:  1) Disposing the 70% stake in Grown Alchemist;</li>
<li>And 2) granting additional call options to Sol de Janeiro CEO Heela Yang of up to 7%.</li>
<li>The stock is trading at 19x FY25 PE (fiscal year ending March), up from just 14x six months ago.</li>
</ul>


L'Occitane (973 HK) announced two solid moves this week:  1) Disposing the 70% stake in Grown Alchemist;
And 2) granting additional call options to Sol de Janeiro CEO Heela Yang of up to 7%.
The stock is trading at 19x FY25 PE (fiscal year ending March), up from just 14x six months ago.


L'Occitane (973 HK):  Two Good Moves, Though Rerating Has Been Fast And Furious