Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.
Astor's growth potential remains attractive, although order timing warrants a more cautious earnings outlook. We cut estimates and our PT to reflect sustained order intake weakness and delivery risks, while retaining BUY. Q3 should bring sequential margin...
Join Inderes community
Don't miss out - create an account and get all the possible benefits
Inderes account
Followings and notifications on followed companies
Astor's Q2 showed its new scale following the NSG acquisition, while delivery phasing and mix weighed on underlying margins ahead of a backlog-supported H2.