... is not enough to persist in the real world. The underlying figures do not look bad and were presented in an appealing manner, giving the impression the challenges are well managed. But organic growth is not the full story and IFRS figures are the reality. Even though we are cautious regarding 2018, the hard figures fit into our picture despite the large one-off. Consensus was just met on underlying figures, but not on the real figures.
04 May 2018
Pushing down the pedal and changing up a gear...
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Pushing down the pedal and changing up a gear...
Solvay SA (SOLB:WBO) | 0 0 0.5% | Mkt Cap: 11,953m
- Published:
04 May 2018 -
Author:
Martin Schnee -
Pages:
3
... is not enough to persist in the real world. The underlying figures do not look bad and were presented in an appealing manner, giving the impression the challenges are well managed. But organic growth is not the full story and IFRS figures are the reality. Even though we are cautious regarding 2018, the hard figures fit into our picture despite the large one-off. Consensus was just met on underlying figures, but not on the real figures.