Faes has had a strong start to the year, driven by ongoing recovery momentum in the Licensing business and a growing contribution from LatAm. However, there were a number of visible and underlying concerns in some segments, which are likely to test the company’s operational resilience. Hence, some moderation in performance is likely in the coming quarters. However, we remain confident that the group will successfully mitigate these headwinds, and therefore, our positive stock recommendation is r ....
02 May 2022
Strong Q1; but some moderation lies ahead
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Strong Q1; but some moderation lies ahead
- Published:
02 May 2022 -
Author:
Amandeep Goyal -
Pages:
4
Faes has had a strong start to the year, driven by ongoing recovery momentum in the Licensing business and a growing contribution from LatAm. However, there were a number of visible and underlying concerns in some segments, which are likely to test the company’s operational resilience. Hence, some moderation in performance is likely in the coming quarters. However, we remain confident that the group will successfully mitigate these headwinds, and therefore, our positive stock recommendation is r ....