Sabadell - Viscofan S.A. (VIS) VISCOFAN: EL REEMPLAZO DE TRIPAS SE HACE MÁS PATENTE (ANÁLISIS BANCO SABADELL)

Report

Sabadell

Rafael Bonardell

EUR 400.00 For Business Accounts Only

VISCOFAN: EL REEMPLAZO DE TRIPAS SE HACE MÁS PATENTE (ANÁLISIS BANCO SABADELL)

El reemplazo de tripas se hace más patente. P.O. 74,00 euros/acc. (+11% potencial). COMPRAR
A pesar del outperformance del valor desde los mínimos del año, el retorno de la volatilidad al mercado hace que sigamos apostando por VIS: (i) carácter anticíclico de la demanda de su negocio; (ii) posición de liderazgo dentro de un oligopolio; (iii) único one-stop-shop; (iv) holgada posición financiera; y (v) diversificación geográfica. Elevamos nuestras ventas’23 BS(e) un c. +12% (+11% vs 2022) y revisamos el EBITDA’23 BS(e) un +2,4% (+7% vs 2022), aunque seguiremos viendo caída de márgenes (-0,7 p.p. vs 2022). Para el resto de los años no modificamos estimaciones (TACC’22/26 BS(e) de ventas del +6% y de c. +10% en EBITDA).

14/04/2023 1 ES

Underlying

Viscofan S.A.

Viscofan is the parent company of the Viscofan Group. Co. is divided into two major operational subgroups. The companies comprising the Naturin GmbH subgroup are engaged in the manufacture and distribution of artificial casings (small and big diameter collagen and plastics) for the meat industry. Through its wholly-owned subsidiary IAN, S.A., Co. also manufactures and distributes canned vegetables (asparagus, olives and tomato).

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ES0184262212 Madrid Stock Exchange Spain

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Sabadell

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Analysts

Rafael Bonardell

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A director at Viscofan Sa bought 1,650 shares at 64.070EUR and the significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board m...

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VISCOFAN: EL REEMPLAZO DE TRIPAS SE HACE MÁS PATENTE (ANÁLISIS BANCO SABADELL)

IBERIAN DAILY 09 JUNE (ANÁLISIS BANCO SABADELL)

INFORME DIARIO 09 JUNIO (ANÁLISIS BANCO SABADELL)

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IBERIAN DAILY 13 JUNE (ANÁLISIS BANCO SABADELL)

SEMANAL MERCADOS: TECNOLOGÍA, OPORTUNIDAD A LARGO PLAZO (ANÁLISIS BANCO SABADELL)

BANCO SABADELL RECOMMENDED PORTFOLIO WEEK 04 TO 11 JUNE 2025 (ANÁLISIS BANCO SABADELL)

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