Q2 should be burdened by weak PET foam market, but Reactive Recycling should develop in the right direction. Trading at 1.3x EV/sales on '24e.

11 Jul 2023
Continued weak market for PET foam additives

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Continued weak market for PET foam additives
- Published:
11 Jul 2023 -
Author:
ABGSC Capital Goods Research | Hanna Forsgren | Henric Hintze -
Pages:
8 -
Q2 should be burdened by weak PET foam market, but Reactive Recycling should develop in the right direction. Trading at 1.3x EV/sales on '24e.