Wulff Group

Wulff publicerar sin Q2-rapport på torsdag cirka klockan 9.30. Vi förutspår att omsättningstillväxten har fortsatt drivas av tjänster, medan de minskande volymerna inom produktförsäljningen tynger den operationella vinsten till jämförelseperiodens nivå. I samband med uppdateringen inkluderade vi effekten av fastighetsaffären i våra estimat.

Wulff announced that it is aiming for significant cost savings in its Products for the Workplace business by adapting its organizational structure and streamlining its operations. We have slightly raised our earnings estimates, albeit less than the company's target level, as we believe that some of the savings will be diluted by the segment's declining revenue and the resource needs of other growing businesses.