Report
Fugro : Foundations in place for growing again
Based on a deep dive into Fugro’s market circumstances, we again highlight our Outperform recommendation. Four key factors lead us to be positive: 1) refinancing succeeded; 2) oil & gas prices are back up; 3) COVID vaccines available; and 4) new US administration. - >Four key factors make us positive on the name - 1. Refinancing. In December 2020, Fugro successfully refinanced its balance sheet and it is now free to invest and grow again; 2. Oil & gas price...
Underlying
Fugro N.V.
Provider
Oddo BHF
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.
Thijs Berkelder
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