Alumil Rom Industry 2011 estimates
Raiffeisen Capital & Investment - 25 Ianuarie 2011
According to Alumil Rom Industry (ALU) management, cited by the media, the local architectural profiles market is expected to recover moderately in 2011 and to grow by 5-7% yoy.
The key growth drivers would be (i) the continuation of the Government's buildings thermal rehabilitation program, (ii) the expansion of the retail chains and (iii) other state funded investments (gyms, swimming pools, skating rings).
The company expects to post a higher growth rate than the overall market, which broadly confirms our view for 2011 (sales up 13% yoy). Thus, we view the news as neutral.
Sursa: http://www.rciro.ro
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