GreenSome Finance Report “Odiot SA – The Revival of a Historic Luxury House”
GreenSome Finance has published its latest equity research report, initiating coverage of Odiot SA (Euronext Access: MLODT.FR) with a BUY recommendation and a target price of €60.40, representing a 51% upside potential from the current trading level.
Founded in 1690, Odiot is one of France’s oldest and most prestigious goldsmiths, with a heritage of serving European royalty, including Napoleon Bonaparte, the Russian Imperial Court, and modern-day collectors.
Following a strategic takeover in 2024, the new management has launched a bold transformation plan to restore Odiot’s leadership in the ultra-luxury segment. Key actions include:
Modernizing the historic Brétigny-sur-Orge workshop
Doubling the artisan workforce
Securing strategic reserves of gold and silver
Expanding B2C sales and international distribution
Reviving heritage brands and launching capsule collections
The report highlights Odiot’s unique positioning as a fully integrated, independent luxury house with centuries-old savoir-faire and strong exposure to high-growth ultra-luxury markets in Europe, the U.S., and the Middle East.
Projected sales are expected to grow by +382% between 2024 and 2028, with EBITDA margins rising to 35.7% by 2028.
GreenSome Finance emphasizes the growing investor interest in heritage brands that combine authenticity, craftsmanship, and ESG values — all of which define Odiot’s DNA.
📄 Download the Report
🇬🇧 Download English version (PDF)
🇫🇷 Télécharger la version française (PDF)