bullish

Lawson Inc

Lawson (2651) | Dividend Grower

703 Views06 Jul 2023 04:39
We are bullish on Lawson as earnings recovery underway - see fair value at Y7,500 per share based on 3% FY2/25 DPS of Y225/share.
Boomeranged on Tue, 11 Jul 2023 21:06
Positive Q1 beat: Lawson reported +64% yoy growth in profit to Y26B. That significantly beat consensus estimates, but comps include an accounting shift to IFRS. Even so, Q1 amounts to 41% progress towards FY guidance of Y64B. We remain bullish on recovery in China business, profitability improvements and higher shareholder returns.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
chart-bar
x