Report
ABGSC Chemicals Research ...
  • Adrian Gilani
  • Henric Hintze

Better than expected, comps ease from here

GC&MP outperforms, NW&FT takes a breather, FW lags behind. Sales decline, but EBIT and cash flow better than expected. Liquidity stabilised, new customers and cost control bode well.
Underlying
OrganoClick AB

OrganoClick AB is a Sweden-based company active in the clean technology sector. It is engaged in development and marketing of environmentally friendly fiber-based materials, aimed at manufacturers of renewable, functional cellulose-based products. It uses natural chemistry to provide fire retardancy, anti-fungal properties, increased strength and water repellency. It is active in three business areas: Functional wood, offering textile binders and water repellent additives, and fire and rot protected wooden material, OrganoWood, free from biocides and toxic heavy metals; Performance textiles & nonwoven, including fluorocarbon-free water repellent textile treatment OrganoTex; and Fiber composites & paper products, comprising fiber molded products, such as chemical-free funeral casket, as well as paper strength and water repellent additives, among others. It is also active in research and development in such areas as chemical engineering, bioplastics, flame retardant wood and biopolymers.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
ABGSC Chemicals Research

Adrian Gilani

Henric Hintze

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