Report
Frederic Yoboue

BE SEMICONDUCTOR - BUY | EUR35(+6%) Solid Q1 results but mixed feeling regarding Q2 guidance

BE SEMICONDUCTOR - BUY | EUR35(+6%)
Solid Q1 results but mixed feeling regarding Q2 guidance

Results well above expectations despite expected headwinds
Order intakes confirm recovery for Besi
Guidance of Q2 is shy of our estimates at mid-range
Underlyings
BE Semiconductor Industries N.V.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Frederic Yoboue

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