Zardoya Otis


FY18: consolidation process still hides negative organic growth

15/04/19 -"We have rolled our forecasts to 2020, and we have cut the multiple for the Services division from 25x EV/EBIT to 22x, as we have decreased it from 25x to 22x EV/EBIT for the Kone Services division as ..."

Pages
55
Language
English
Published on
15/04/19
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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 Sector: Peers
Financials Sector: Analysis

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