Almirall 1Q18 preview: Earnings to decline on flat total income
Almirall 1Q18 preview: Earnings to decline on flat total income
- Almirall will report its 1Q18 results on Monday 14th May before the opening. There will be a webcast that morning.
- We expect +5% sales and flat total income
- And EBITDA to decline –12%
- Watch out for OWC
- Valuation and recommendation
Almirall is engaged in the acquisition, manufacture, storage, sale and mediation in the sale of pharmaceutical specialties and products and all manner of raw materials used to prepare pharmaceutical specialties and products. Also, Co. acquires, manufactures, storages, sales and mediates in the sale of cosmetics, chemical, biotechnological and diagnostic products for human, veterinary, agrochemical and food-industry use, as well as all manner of utensils, complements and accessories for the chemical, pharmaceutical and clinical industries. In addition, Co. is engaged in the acquisition, sale, lease, subdivision and development of land lots, land and properties of all kinds.
Bankinter S.A. is a Spanish brokerage firm established in 1989. The company's line of business includes the provision of market research and trading services for Equity and Fixed Income products.
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