Report
Adrian Pehl

Jungheinrich AG : Getting a bit more constructive due to FCF, not on business trends

>Will the spark for firmer demand come from politics? - The climate for intralogistics has not brightened at all so far and the industry seems to be sitting and waiting for a catalyst. Jungheinrich (JUN3), in our view, expects some of this to come from US and European policymakers, hopefully creating a better investment environment for its customers. Specifically, we took from the conference call that JUN3 expects a new German government to support the economy and tha...
Underlying
Jungheinrich AG Pref

Jungheinrich is engaged in the development of new trucks and logistics solutions. Co.'s operating activities are divided into two segments: Intralogistics, which is engaged in the development, production and sale of new trucks including logistics systems as well as the mail-order business, short-term hire which include the rental of new and used material handling equipment, reconditioning and sale of used equipment and the provision of after-sales services including the maintenance, repair and spare parts businesses; and Financial Services, which encompasses the usage transfer and sales financing of material handling equipment and warehousing technology products.

Provider
Oddo BHF
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.

Analysts
Adrian Pehl

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