We find management’s new long-term revenue targets are unrealistic as it implies that revenue will show growth rates in the next years that are similar to those the Chinese car market has shown from 2011 until today.
15 May 2018
Overly optimistic long-term targets
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Overly optimistic long-term targets
Forvia SE (FRVIA:PAR) | 0 0 (-1.4%) | Mkt Cap: 9,624m
- Published:
15 May 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
We find management’s new long-term revenue targets are unrealistic as it implies that revenue will show growth rates in the next years that are similar to those the Chinese car market has shown from 2011 until today.