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Company headquarters of A.S. Création Tapeten AG, Gummersbach Derschlag, Germany
 

M.M. Warburg & Co - Archive

08/12/14 - Comment

Earnings recovery will take longer than expected

05/20/14 - Comment

Weak Q1 but Russian production reports encouraging progress

04/02/14 - Note

Looking beyond the perfect storm

11/14/13 - Comment

Ramp-up of Russian JV taking longer than anticipated

08/06/13 - Comment

Russian JV to drag on 2013 earnings but should eventually be value creative

05/07/13 - Comment

Q1 should not be indicative of full year performance

03/26/13 - Comment

The quality of A.S. Création’s 2012 earnings, which were released last week, was truly outstanding.

11/30/12 - Comment

On track for earnings surge in 2013

09/13/12 - Comment

Positive trends confirmed

08/13/12 - Comment

The guidance looks conservative

05/04/12 - Bullet points

Spectacular Q1 figures

03/27/12 - Update

• Q4 earnings slightly below our expectations • 2012 guidance a positive surprise • Significant earnings leap expected in 2013

11/09/11 - Update

• Disappointing Q3 due to raw material prices • Price increases expected to bring relief in 2012 • Maintain our Buy recommendation due to the attractive valuation and value accretive investments in Russia

08/05/11 - Bullet points

On track for full-year guidance

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