SWX:IMPNConstruction
Implenia (SWX:IMPN) Stock Confronts Margin Squeeze As Growth Ambitions Build
Implenia stock closed at CHF67.60, capping a strong 90 day run, yet the real story sits in the pressure on profitability. The construction and engineering group is still producing earnings and cash flows that keep the shares on a P/E of 14.9x, below both the European sector and peers, but net profit margins have tightened.
For short term traders the recent share price strength may feel reassuring. Long term holders will focus more on whether management can protect margins while pursuing...