A solid start to the year
Despite Q1 being Buzzi Unicem’s weakest quarter of the year due to seasonality, sales figures for the quarter due out 12 May look set to strengthen our positive view for 2017.
Buzzi Unicem and its subsidiaries (together, the group) manufacture, distribute and sell cement, ready-mix concrete and aggregates. The group has manufacturing plants in several countries. The operations are located mainly in Italy, the U.S., Germany, Luxembourg, the Netherlands, Poland, the Czech Republic and Slovakia, Ukraine, Russia and Mexico.
HAMMER PARTNERS SA is an independent research house founded in 2009 focused on European equities. We offer unambiguous, high-conviction stock recommendations complemented by an expert sales team to provide institutional investors with unbiased views across key sectors. Hammer’s advisory business encompasses Equity services that provide small and mid-cap enterprises with advice on how to manage IPOs, corporate roadshows and engage with institutional investors on a global scale. Hammer Partners is based in Lugano with representative offices in London, we further specialise in value-based qualitative filters for client watch-lists and portfolios.
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