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GB - Global Blue: Leveraging Its Near-Monopoly Status To Drive More Growth
May, 08 2024 09:47 AM
Global Blue Group Holding AG
2024-05-08 09:47:59 ET
Summary Global Blue is the dominant player with 70% market share in tax free shopping. The business is showing strong revenue growth and even higher profit growth due to its capital light operating model. The company is deleveraging rapidly, and at today’s undemanding valuation, Global Blue provides investors with an attractive risk-reward.
Investment thesis For further details see:
Global Blue: Leveraging Its Near-Monopoly Status To Drive More Growth
Stock Information
Company Name:
Global Blue Group Holding AG
Stock Symbol:
GB
Market:
NYSE
Website:
globalblue.com
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