Report
Yizhi Long

Nice kick-off of 2023 with 2023 outlook for organic growth upgraded

ISS has published its Q1 trading update, which hit the consensus with its revenue coming out at DKK19.9bn (vs. consensus at DKK19.3bn), up 11.3% organically (vs. consensus at +8.5%). The company upgraded its 2023 guidance for revenue growth from 4-6% to 6-8%, while the consensus expected revenue or
Underlying
NISSO PRONITY CO LTD

Nisso Pronity is mainly engaged in the processing and sale of equipment for industrial manufacturing line, as well as manufacturing and consuming materials for various industries. Along with its subsidiaries, Co. operates in three business segments. Metal Processing segment is engaged in the planning, design, processing, and sale of photovoltaic generation trestles, metal panels, and other metal processing products. Rubber Processing segment is engaged in the planning, design, processing, and sale of rubber products for housing, machinery and public infrastructure equipment. Construction segment is engaged in the construction business related to Co.'s businesses.

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
Yizhi Long

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