Saras


Q2: outlook remains fragile

31/07/20 -"While the end of lockdowns allowed for gasoline consumption to resume, there is a large inventory overhang in the end products. This is due to refineries (including Saras) not cutting their runs to ..."

Pages
49
Language
English
Published on
31/07/20
You may also be interested by these reports :
07/08/20
This offer (which came as a surprise to us) can significantly deleverage the group (net debt was $890m in Q2, and $1bn including leases), which is ...

06/08/20
The company’s fleet uptime remained elevated at 99.5% and the adjusted EBITDA margin of the Lease and Operate portfolio is steady at 65%, with ...

05/08/20
EPS 2020 is down as we have we have lowered our estimates following the H1 results, now seeing revenues down by 8% yoy to €1.5bn.

04/08/20
The stock is up 6% at pixel time, which shows rather good prowess from management, as it also cut (for good) the dividend in half. As investors ...

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 Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO