Europac: 1Q18 results: Recommendation change to Sell. Earnings growth is in the valuation
Europac: 1Q18 results: Recommendation change to Sell. Earnings growth is in the valuation
- Favourable pricing drives sales
- And lower costs fuel earnings growth
- On a rising cycle
- Downgrade to Sell
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.
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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