Despite fourth quarter earnings were lower than market expectations, we look for earnings to advance 7% this year, to 2.25 dollars per share. We still belive that the Costa Ltd. acquisition should halt the decline in the reveues; this high quality low Beta (0.70) company can provide some downside protection in the event of further volatility in equity prices. Very interesting dividend of 3.50%.
Total debt: 44.8 bilions
Total profit 2017: 8.24 bilions
Total debt: 44.8 bilions
Total profit 2017: 8.24 bilions
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.