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Decoupling from automotive's negative trend

  • 31 Jul 2019

Decoupling from automotive's negative trend


Umicore (UMI:EBR) | 0 0 0.0% | Mkt Cap: 10,553m


  • AlphaValue
    • Martin Schnee

    • 3 pages

Specialty Chemical image


 
Specialty Chemical image


Umicore’s H1 report was balm for the recently heavily-punished shareholders. Despite being more or less in line with the consensus, the provided insights made the tone more positive (e.g. the positive development in China). Our expectations were more than fulfilled.


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Decoupling from automotive's negative trend


Umicore (UMI:EBR) | 0 0 0.0% | Mkt Cap: 10,553m


  • Published: 31 Jul 2019
  • Author: Martin Schnee
  • Pages: 3
  • AlphaValue


Umicore’s H1 report was balm for the recently heavily-punished shareholders. Despite being more or less in line with the consensus, the provided insights made the tone more positive (e.g. the positive development in China). Our expectations were more than fulfilled.



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