Report
Pedro Echeguren
EUR 10.18 For Business Accounts Only

Europac: Initiation of coverage: The Blue sky scenario has been priced in

Europac: Initiation of coverage: The Blue sky scenario has been priced in

  • Integrated manufacturer of paper packaging
  • A cyclical sector nearing its peak
  • Expect a cyclical turnaround in 2019e
  • Deploying the free cash flow
  • Recommendation: Hold
Underlying
Papeles y Cartones de Europa S.A.

Papeles y Cartones de Europa is the parent company of a group engaged in the transformation of raw materials and chemical products as well as the production of cellulose fibers and by-products, the manufacture of paper such as printing, packing, tissue, and writing paper, as well as cardboard, and corrugated cardboard and by-products. Co. through its subsidiaries is also engaged in the generation of high steam pressure and electric power from the fuel of natural and liquid gases, and the manufacture of containers and boxes made out of corrugated cardboard.

Provider
Bankinter S.A.
Bankinter S.A.

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.

Analysts
Pedro Echeguren

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