In view of the contraction in Truck Shuttles, it seems fair to say that the UK economy is also contracting. This is a bad for Getlink. On top of this, the lack of communication about safety issues on the ElecLink project is a yellow flag. Overall, we expect to maintain our negative recommendation due to the pending risks.
23 Oct 2019
Q3 19 trading update: risks are rising
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Q3 19 trading update: risks are rising
Getlink SE (GET:WBO) | 0 0 1.0% | Mkt Cap: 5,970m
- Published:
23 Oct 2019 -
Author:
Felix Brunotte -
Pages:
3
In view of the contraction in Truck Shuttles, it seems fair to say that the UK economy is also contracting. This is a bad for Getlink. On top of this, the lack of communication about safety issues on the ElecLink project is a yellow flag. Overall, we expect to maintain our negative recommendation due to the pending risks.