Aurubis : Underwhelming Q1 results but FY guidance confirmed
>Underwhelming Q1 results as headwinds pile up - Aurubis this morning released underwhelming Q1 2023-24 results (ended 31 December) with just € 111m of operating EBT, 3% below the company-compiled consensus and 17% below our own estimates. The figure was down 17% y-o-y due to much lower sulfuric acid revenues and lower metal gains (against a backdrop of lower prices for most commodities including nickel, palladium and copper). As expected, legal and consulting costs i...Norddeutsche Steingut is a Germany-based manufacturer and distributor of tiles, concentrating on wall and floor tiles for the residential and commercial sector. As of December 31, 2011, Co. was operational through its two wholly owned subsidiaries Nord Ceram Fliesenproduktions und -vertriebs GmbH & Co. KG, which mass produces standard- and large-size floor tiles under the Pro brand for its own sale and for partners of the parent company; as well as Bremer Wandplatten GmbH, which produces floor and wall tiles under the BW brand. Co.concentrates on business activities in Germany
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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