Aalberts : Raising estimates on back of positive 3Q21 update
>Positive 3Q21 trading update - The 3Q21 trading update not only revealed much stronger than expected growth in the first 10 months of 2021 (we had expected high single digit for the period Jul-Sep but Aalberts reported 12.6% for the period Jul-Oct according to our calculations) but also showed a very confident Aalberts. The orderbook remains strong given that Aalberts reported +54% yoy at the end of October versus 59% at the end of 1H21 with record order books for su...Aalberts Industries is a technology company. As of Dec 31 2015, Co. is organized into four businesses: building installations, which produces and sells connection systems and valves to distribute and control water or gas in heating, cooling, drinking water, gas and sprinkler installations in residential, commercial and industrial buildings; climate control, which develops and produces complete hydronic systems-from source to emitter- for heating and cooling systems; industrial controls, which develops and produces regulation and control systems for selected niche markets; and industrial services, which provides a combination of material technology know-how and manufacturing capabilities.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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