FY20 results came in above expectations
Volumes in Europe, cost control and Brazil explain these nice results
Q1 21 is expected to be even higher than the nice Q4 20
The balance sheet remains very solid, allowing for a pleasing dividend policy
Expect us to revise upwards our forecasts and price target
10 Feb 2021
A nice set of results and a promising outlook for Q1 21
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A nice set of results and a promising outlook for Q1 21
FY20 results came in above expectations
Volumes in Europe, cost control and Brazil explain these nice results
Q1 21 is expected to be even higher than the nice Q4 20
The balance sheet remains very solid, allowing for a pleasing dividend policy
Expect us to revise upwards our forecasts and price target