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Alejandro Quelch
  • Alejandro Quelch

Ternium: Results higher than expected thanks to a net sales recovery i...

Ternium Argentina showed a lower net result than a year ago, due to decreases in volumes sold and in results of investments in associated companies. However, it was higher than expected thanks to a net sales recovery in the third quarter. Ternium Argentina's consolidated net sales grew 4,6% y-o-y in the first nine months of 2020, despite a decrease (-8,8%) in deliveries in tons due to a domestic market contraction. Cost of sales was 1,7% higher affected by a higher cost of raw materials and s...

Francisco Romero
  • Francisco Romero

Ternium: Despite a 20% fall in sales, 2Q ends slightly negative

Ternium Argentina showed a negative semi-annual net result, due to lower dispatches and negative results of investments in associated companies. However, it managed to end 2Q with almost no losses despite the significant drop in activity caused by the COVID-19 pandemic. Ternium Argentina's consolidated net sales fell 15,5% y-o-y in 1H 2020, as a consequence of a decrease (-22,5%) in deliveries in tons to the domestic market and exports. Cost of sales fell 16,4% in light of lower activity, pa...

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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