Report
Luis de Toledo Heras

Navigator : Paper price strength drives valuation upwards

>Strong results momentum to continue in 2022 - We reiterate our positive stance on Navigator following the successful implementation of paper price rises which should more than offset the rising cost inflation. A4 B-Copy prices in Europe for March stood above € 1,060/t (+26% vs 2021 average levels, +12% YTD), effectively reflecting the announced energy price surcharge (€ 105/t) and reaching the highest levels in the decade favoured by strong demand, record order book ...
Underlying
Navigator Company SA

Navigator and its subsidiaries are engaged in the production and sale of cellulose pulp and related products, the purchase of wood and agricultural and forest production, the harvesting of forests and the transport of wood from the forests to the plants, and the production and sale of electricity and thermal energy. Co. is also involved in the production of paper and derivative paper 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
Luis de Toledo Heras

ResearchPool Subscriptions

Get the most out of your insights

Get in touch