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UBS picks top European food stocks with limited risk in the third quarter
UBS identified several European food and consumer goods companies that are poised for mixed performance in the fourth quarter. Some are set to benefit from favorable year-on-year comparisons, while others face normalization pressures.
UBS analysts expect the European food, personal care and household products companies they cover to post average organic sales growth of 3.2% in the third quarter, compared with 3.5% in the second quarter. Excluding Beiersdorf and Essity, growth is expected to reach 4.3%, similar to the previous quarter.#UKHighCourtRulesChineseLawGovernsBitcoinClaims #FSBWarns$300BStablecoinMarketCouldFaceRuns #EvernorthNasdaqDebutClosesDown1.05% #EvernorthNasdaqDebutClosesDown1.05%
$XAU
UBS picks top European food stocks with limited risk in the third quarter
UBS identified several European food and consumer goods companies that are poised for mixed performance in the fourth quarter. Some are set to benefit from favorable year-on-year comparisons, while others face normalization pressures.
UBS analysts expect the European food, personal care and household products companies they cover to post average organic sales growth of 3.2% in the third quarter, compared with 3.5% in the second quarter. Excluding Beiersdorf and Essity, growth is expected to reach 4.3%, similar to the previous quarter.#UKHighCourtRulesChineseLawGovernsBitcoinClaims #FSBWarns$300BStablecoinMarketCouldFaceRuns #EvernorthNasdaqDebutClosesDown1.05% #EvernorthNasdaqDebutClosesDown1.05%