ENXTBR:TESBChemicals
Tessenderlo Group (ENXTBR:TESB) Stock Rebounds With Profit Back Yet Debt Questions Persist
Tessenderlo Group walked into this earnings day with a slowly recovering share price and a stock still framed as a valuation story, trading at a low price to sales multiple and well below one reference fair value estimate. The headline today is that the chemicals and industrial group has put profit back on the table in H1 2026, with around €1.5b in revenue and about €66m in net income after recent losses.
Love the return to profit at Tessenderlo Group but concerned it could still be a value...