Zotefoams has reported 2017 results ahead of consensus and indicated a strong start to the year with volumes up 8% and price/mix benefits from HPP. We anticipate good consensus upgrades in the near term and longer-term upside as growth opportunities are crystallised. Reiterate buy rating.
13 Mar 2018
Forecast Upgrades, Bull Scenario Intact
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Forecast Upgrades, Bull Scenario Intact
Zotefoams plc (ZTF:LON) | 376 3.8 0.3% | Mkt Cap: 183.7m
- Published:
13 Mar 2018 -
Author:
Andrew Simms -
Pages:
5
Zotefoams has reported 2017 results ahead of consensus and indicated a strong start to the year with volumes up 8% and price/mix benefits from HPP. We anticipate good consensus upgrades in the near term and longer-term upside as growth opportunities are crystallised. Reiterate buy rating.