DAG [O-PF +10.3%] - Good revenue growth but stalled GPM - Update
  • 24 Nov 2016
  • Company Research
We revise down our TP for DAG by 9.2% and revise our rating to an O-PF recommendation. 43% revenue growth of uPVC profiles expected in 2017 as capacity constraints are dismantled. DAG’s medium term revenue growth forecast at CAGR 18.1% in the next five ye