No major change following the FY19-20 results

09/09/20 -"We have integrated the FY19-20 figures which were better than the initial guidance and mechanically slightly upgrade our estimations for the next two years. Currently, there is no FY20-21 guidance. ..."

Executive summary
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English

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09/09/20

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EXECUTIVE SUMMARY

Updates

Pension Risks

Target & Opinion

Governance & Management

Business & Trends

Graphics : Momentum

Money Making

Graphics : MACD & Volumes

Debt

Graphics : Sensitivities

Valuation

Sector: Performance

DCF

Sector: Key data

NAV/SOTP

Sector: Ratios & Valorisation

Worth knowing

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Sector: Analysis

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