BIT:CEMBasic Materials
Cementir Holding (BIT:CEM) Stock Faces FX Drag Despite Stronger Margins
Cementir Holding stock closed at €15.06 after the market had a full day to absorb fresh Q2 numbers. The price barely moved over the past week and month, yet the earnings story is anything but flat. The headline is profitability. Net income for Q2 reached €54.6m on revenue of €475.0m and the trailing twelve month net margin now sits at 11.8%. That marks a clear step up from 9.4% a year earlier and puts the spotlight on earnings quality rather than short term price noise.
Impressed by Cementir...