Portuguese Materials Strong Balance Sheet Stocks

Corticeira Amorim S.G.P.S

Market Cap: €851.2m

Engages in the acquisition and transformation of cork into various cork and cork-related products in Portugal, Switzerland, Norway, the rest of the European Union, the rest of Europe, the United States, the rest of the American countries, Australasia, and Africa.

Navigator Company

Market Cap: €2.4b

Manufactures and markets pulp and paper products worldwide.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.8b

Through its subsidiaries, engages in the production and sale of pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.