BME:VISFood
Viscofan (BME:VIS) Stock Commands A Premium Despite Softer Quarterly Profit
Viscofan shares came into this earnings print looking tired, roughly flat over the past week and down over the past quarter, even as valuation sat above peer P/E levels. The market had already priced in some caution. The headline from this quarter is margin resilience, with Q2 net income of €37.654 million on €329.325 million of revenue and trailing 12 month earnings from continuing operations of €159.73 million. The question now is whether that earnings power justifies investors paying a...