Lucror Analytics

Lucror Analytics is a leading credit and ESG research specialist and a provider of technology solutions for differentiated fixed income strategies. Our roots are in bottom-up fundamental credit analysis with a specialization in high yield corporate credits from Europe, Asia and Latin America. We are one of few research specialists integrating ESG considerations with fundamental credit research through a dedicated ESG platform. Our ESG assessment covers five key criteria: Disclosure, E,S, & G Pillars, Controversies, ESG Impact on Credit and ESG Momentum.

Recognizing the importance and value-add of Factor Investing in fixed income, Lucror developed the Smart Quant Navigator (SQN), an intuitive platform that helps clients devise and implement factor-based strategies ranging from pure quant to active fundamental, with integrated ESG.

Our company has been at the forefront of developments in the fixed income markets, identifying opportunities and consistently delivering new products and value-adding solutions to clients. Lucror has close relationships with the largest and most reputable asset managers, family offices, hedge funds, investment and wealth managers globally.

High Yield Experts

Senior Credit Analyst, Lucror Analytics

Leonard Law, CFA

Senior Credit Analyst

Credit

Tunas Baru's H1/19 results were soft, as higher sugar sales were offset by a weaker showing from the palm oil segment. Gross margins contracted slightly for both businesses, with the result that gross profit was flat. Total debt was largely unchanged relative to FYE 2018, with Debt/EBITDA maintained at 3.2x for LTM June 2019. That said, debt was elevated compared to FYE 2017, as the company generated poor cash flows in FY 2018 amid high working capital requirements. While OCF improved in H1/19, the cash was used for capex and to acquire new plantations.  .

   Tunas Baru's H1/19 results were soft, as higher sugar sales were offset by a weaker showing from the palm oil segment. Gross margins contracted slightly for both businesses, with the result that gross profit was flat.    Total debt was largely unchanged relative to FYE 2018, with Debt/EBITDA maintained at 3.2x for LTM June 2019. That said, debt was elevated compared to FYE 2017, as the company generated poor cash flows in FY 2018 amid high working capital requirements. While OCF improved in H1/19, the cash was used for capex and to acquire new plantations.  . 

Tunas Baru - Earnings Flash - H1 FY 2019 Results - Lucror Analytics

Tunas Baru Lampung

Tunas Baru - Earnings Flash - H1 FY 2019 Results - Lucror Analytics