ENXTBR:ACKBConstruction
Ackermans & Van Haaren (ENXTBR:ACKB) Can Margin Gains Keep Compounding?
Ackermans & Van Haaren stock came into the results on a quiet winning streak, with modest gains over the past week and month, and a P/E of 13.9x that already priced in solid execution. The headline today is earnings power. Basic earnings per share for the first half printed at €10.39, feeding into trailing twelve month earnings of €20.17 per share, alongside a net profit margin of 11.1%.
The market now has to decide if that earnings profile justifies treating Ackermans & Van Haaren as a cheap...