In view of the slashing of the 2024 outlook one month ago, expectations for the H1 figures were pretty low.
Regarding the attractive level of the share price, a share buyback programme many come under the spotlight
Efforts to cut costs are in progress and will safeguard profitability
The limited visibility in the US and China is persisting and continues to feed the weak sentiment on the stock
The FY 2025 consensus is likely to be revised downward

30 Nov 2023
Persistently cloudy horizon

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Persistently cloudy horizon
- Published:
30 Nov 2023 -
Author:
Davide Amorim -
Pages:
3 -
In view of the slashing of the 2024 outlook one month ago, expectations for the H1 figures were pretty low.
Regarding the attractive level of the share price, a share buyback programme many come under the spotlight
Efforts to cut costs are in progress and will safeguard profitability
The limited visibility in the US and China is persisting and continues to feed the weak sentiment on the stock
The FY 2025 consensus is likely to be revised downward