PLC - Waiting for the recovery in infrastructure spending - Earnings Flash
  • 29 Jul 2016
  • Company Research
H1 2016 revenue and NPAT declined 35.9% and 41.6% YoY, respectively. However, this is in line with our expectation as we already anticipated weak Q2 earnings and a higher contribution to earnings in H2 when asphalt demand resumes. We do not foresee any si