(CercleFinance.com) – Validating the scenario of a bullish ‘W’ on 30/30.5E (10/26/2023 and 01/24/2024) Mersen jumps +10% towards 34E, on the publication of objectives all-round readings: consolidated turnover for the year 2023 in organic growth of 13.2% (including 5% thanks to price increases).
The current operating margin around is also increased to around 11.3%.
Beyond 34E, the stock should continue its surge towards 36E, its zenith on 12/27/2023.
Copyright © 2024 CercleFinance.com. All rights reserved.
The information and analyzes distributed by Cercle Finance only constitute a decision-making aid for investors. Cercle Finance cannot be held responsible directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional advisor before making any investment. This indicative information does not in any way constitute an inducement to sell or a solicitation to buy.
Did you like this article ? Share it with your friends using the buttons below.
