XTRA:VIB3Building
Villeroy & Boch (XTRA:VIB3) Stock Faces Profit Squeeze After Swing To Loss
The market has treated Villeroy & Boch like a slow burn income stock, yet the share price has slipped about 11% over three months coming into these Q2 numbers and closed at €15.60 on 31 July. The headline this quarter is not revenue, which sat at €317.1m. It is the swing into a €10m net loss and the fact that the trailing twelve months are now loss making.
For a company often viewed through its low P/S multiple and generous 5.45% dividend, that profit squeeze is the real story investors will...