JP Morgan Virtual Experience

Question 1

Recommendation for potential M&A targets

Answer 1

should take into account :
- the segment of the firm (if beverage, which kind of beverage)
- Geography segment (goal is to expend)
- strong growth in EBITDA
- strong financial results
- look at the ownership, should be easy to buy (easier if the ownership is one familty)

Question 2

What is a company profile

Answer 2

Includes:
- Overview : activities and operations, geographic operation, headquarter, growth strategy
-shareholders
-key financials (revenue, EBITDA)

Question 3

P&L (non GE)

Answer 3

Revenues
- COGS
= Gross Profit
- SG&A
= EBITDA (earning before Taxes, Depreciation and Amortization)
- D&A
=EBIT
- Interest Expenses
- Taxes
= Net Income