BIT:ARISBuilding
Ariston Holding (BIT:ARIS) Stock Hinges On Margin Recovery And Cash Flow
Ariston Holding stock has hardly moved over the past month and sits around €3.64, even though the latest half year results show the real story is in profitability. The headline from this earnings release is margin repair. Adjusted EBIT in the first half reached €74m with a higher adjusted EBIT margin, while net profit margin over the past year improved to 3.9%.
For a company on roughly 11.5x P/E and trading below many peers, the key question now is whether this margin rebuild and the earnings...