MAIRE TECNIMONT (IT), a company active in the Heavy Construction industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 3 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Maire Tecnimont continued to exhibit strong growth in 3Q17, extending the trend of the first half of the year. While there was no significant new order during 3Q17, year-to-date orders for the Italian engineering company are at a record level of €4.0bn thanks to the €3.8bn gas processing plant award from Gazprom in June. At the end of 3Q17, the backlog was €7.6bn, representing a decent 2.3 years of LTM revenue. Also, since the end of 3Q17, Maire Tecnimont has announced several awards for a total...
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