Q3 19 not bad, but still low visibility going forward
-"Q3 19 above consensus at the EBITDA level.
Production cuts/cost-cutting rather efficient.
Low visibility going forward.
Deleveraging on the cards.
The market appreciates the failure of the Ilva ..."
You may also be interested by these reports :
We have cut Vallourec’s estimates after the Q3 set of results. Despite some signs of recovery in demand in EAMEA and Brazil (offshore), the level of ...
Management continues to project a pre-tax loss (the number includes at-equity income) in the range of a mid double-digit million euro amount, ...
Q3 19 was slightly under consensus but no drama North America (shale) and Brazil have slowed down, with EAMEA improving. The recovery is underway, ...
Irrespective of the on-going challenges, Norsk Hydro remains well-positioned to capitalise on aluminium’s long-term market fundamentals – also ...