$APN has seen a surge of sales in 2022 and 2023 (first 6 months) which had a big impact in the profit line where eps has doubled since 2020. Stock trades at a very attractive low 8.8x PE.
Interesting, I wonder if the last two years is a bit of a cyclical high in projects as it seemed that the Ukraine war pushed for industry and construction of Infrastructure in Eastern europe? Any feedback on that?
where do we see future growth. Did you see that in the Annual reports, Thanks
Many thanks for sharing, a very interesting company, I have only one concern: How did the weak PLN over the last few years positively impact revenues? I fear that the spike in profitability could be partially explained by the weak PLN in the corresponding period. Now PLN hast strengthened significantly again, in my view next quarters (with strong PLN) will become very interesting. Any thoughts on impact of PLN fluctuations on recent and upcoming financial developments? Many thjanks!
Interesting, I wonder if the last two years is a bit of a cyclical high in projects as it seemed that the Ukraine war pushed for industry and construction of Infrastructure in Eastern europe? Any feedback on that?
where do we see future growth. Did you see that in the Annual reports, Thanks
Fascinating company and great write up, thanks! Do you have any insight into the competitive landscape and their competitive advantage?
Sounds very interesting, thanks for sharing.
Excellent. You are right - it really checks all the boxes.
Many thanks for sharing, a very interesting company, I have only one concern: How did the weak PLN over the last few years positively impact revenues? I fear that the spike in profitability could be partially explained by the weak PLN in the corresponding period. Now PLN hast strengthened significantly again, in my view next quarters (with strong PLN) will become very interesting. Any thoughts on impact of PLN fluctuations on recent and upcoming financial developments? Many thjanks!