Aurubis : Weaker short-term momentum, compelling long-term growth prospects intact
>Weaker short-term sales momentum offset by lower energy costs - Shares in Aurubis slid almost 8%, erasing all year-to-date progress, after the group published final Q2 results yesterday. They were largely uneventful since (solid) prelims had already been released on 21 April. Hence, the share drop was largely attributable to the wider commodity sell-off triggered by renewed concerns about Chinese demand. That said, an area of investor concern is also that Aurubis ex...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.