Fine-tuning for Protective Films' challenging dynamic in H1
EPS CHANGE
CHANGE IN EPS2019 : € 0.87 vs 1.21 -27.7%
2020 : € 1.28 vs 1.68 -23.9%
Our EPS estimates decreased on the back of a downward adjustment in our turnover and operating profit forecasts for the Protective Films division. This is to account for the lower demand in Germany and China in H1, which also weighed on profitability as these markets exhibit particularly high margins in this activity. While we expect a steady recov ....
23 Sep 2019
Fine-tuning for Protective Films' challenging dynamic in H1 (Chargeurs)
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Fine-tuning for Protective Films' challenging dynamic in H1 (Chargeurs)
Chargeurs SA (CRI:PAR) | 0 0 1.1% | Mkt Cap: 594.0m
- Published:
23 Sep 2019 -
Author:
Jorge Velandia -
Pages:
2
Fine-tuning for Protective Films' challenging dynamic in H1
EPS CHANGE
CHANGE IN EPS2019 : € 0.87 vs 1.21 -27.7%
2020 : € 1.28 vs 1.68 -23.9%
Our EPS estimates decreased on the back of a downward adjustment in our turnover and operating profit forecasts for the Protective Films division. This is to account for the lower demand in Germany and China in H1, which also weighed on profitability as these markets exhibit particularly high margins in this activity. While we expect a steady recov ....