Indus Holding: Q3e 26: Tungsten tailwind to persist, M&A the next catalyst - NuWays AG Research
INDUS will report its Q3 figures on November 12th. These should reflect another strong quarter driven by the tungsten special situation positively impacting BETEK. Here is what to expect:
ANNONS
Total sales in Q3 to grow 20.2% yoy to € 526m (eNuW). Growth should again be mainly driven by Materials Solutions, supported by continued effects of the tungsten special situation. Further growth acceleration is seen to come from Infrastructure, carried by strong order intake in H1 and an improving environment.