BE SEMICONDUCTOR: Solid Q4 2018 but Besi is not spared from the current environment | BUY | EUR27(
BE SEMICONDUCTOR - BUY | EUR27(+22%)Solid Q4 2018 but Besi is not spared from the current environment
Q4 results well above street’s expectations on higher profitability
Low level of orders during the quarter
Unfavourable environment resulting in weak forecast
Still a unique position and potential opportunities ahead
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.
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