reports
- Gabriela Della Paolera
Holcim Argentina: Recovery after severe impact from lockdown
The construction industry continued its month to month decline which started in May 2018. First, because of the economic recession, then helped by the new government’s lack of definition about public works, and finally due to the imposition of a strong lockdown at the end of 1Q20 (see annexe 1). Construction activity slumped 37,8% during 1H2020 y/y. After hitting the lowest point in April with a 76,2% y/y decline in construction activity, 2020 third quarter ended with a much lower decline of ...
- Gabriela Della Paolera
Holcim Argentina: Slow opening of activities enabled some improvement ...
Following the severe impact of the lockdown after 24 months of a long recession, a slow opening of activities allowed for a certain improvement at the end of the quarter. Q2 20 HIGHLIGHTS * The construction industry was already in a very complicated situation prior to the Covid 19 crisis, due to the long economic recession which started in May 2018 and the new government’s lack of definition about public works, (see Annexe 1). The imposition of a strong lockdown at the end of 1Q20, which inc....
- Gabriela Della Paolera
Holcim Argentina: Q4 19 review: Sound financials amid hit to industry ...
In a quarter characterised by economic uncertainty driven by the election results, the slowdown between change in administration, and the set of economic measures that the markets awaited (but Alberto Fernandez government took time to define), the industry continued its 17-month downward trend, following the general economic situation. In addition, the concern that public works might continue to slow down in order to free public funds, became real under the new administration, which focuses o...
- Gabriela Della Paolera
Q3 19 – Sound financial position, improving profitability
Amidst uncertainty about future economic measures which might affect public works projects, Holcim still maintains a sound financial position, improving profitability. The quarter was characterised by uncertainty driven by primaries results and final elections and economic measures Alberto Fernandez' government will undertake in December. The industry followed the economy´s general downward trend (see Annexe1). In addition, the focus of the new administration seems to be to increase aggregate.....
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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