Schindler maintained its guidance despite the long-term threat of labour cost inflation. Hence, following this earnings release, we expect no change in either our forecasts or our target price and, hence, we will keep our Add recommendation.
28 Oct 2019
Q3 19: labour cost inflation remains the main threat
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Q3 19: labour cost inflation remains the main threat
Schindler Holding AG Pref (SCHPN:MEX) | 0 0 0.0%
- Published:
28 Oct 2019 -
Author:
Felix Brunotte -
Pages:
3
Schindler maintained its guidance despite the long-term threat of labour cost inflation. Hence, following this earnings release, we expect no change in either our forecasts or our target price and, hence, we will keep our Add recommendation.