Professional
Added to YB: 2024-09-03
Pitch date: 2024-07-16
IMCD.AS [bullish]
IMCD N.V.
-40.59%
current return
Author Info
No bio for this author
Company Info
IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific.
Market Cap
EUR 5.4B
Pitch Price
EUR 129.57
Price Target
N/A
Dividend
2.35%
EV/EBITDA
12.02
P/E
20.06
EV/Sales
1.44
Sector
Trading Companies and Distributors
Category
turnaround
Columbia Acorn International Fund Portfolio Holding: IMCD N.V.
IMCD.AS: Specialty chemical distributor lagged on soft results amid tough demand. Expect improvement as destocking, inflation, supply chain issues ease. Proven M&A value-add supports holding. Stock poised for recovery as chemical industry headwinds subside.
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