As promised, the group resumed dividend payments, albeit from a lower-than-expected level. Management remains unable to commit to a precise deadline for the return to decent profitability levels thus confirming in our view the particularly strong reliance of the group’s profitability on external factors.
27 Feb 2018
Value destruction ending largely reliant to external factors
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Value destruction ending largely reliant to external factors
Standard Chartered PLC (STAN:LON) | 671 0 0.0% | Mkt Cap: 17,534m
- Published:
27 Feb 2018 -
Author:
David Grinsztajn -
Pages:
3
As promised, the group resumed dividend payments, albeit from a lower-than-expected level. Management remains unable to commit to a precise deadline for the return to decent profitability levels thus confirming in our view the particularly strong reliance of the group’s profitability on external factors.