PLX [MARKET PERFORM +7.7%] - Lower profitability outlook for RON95 - Update Report
  • 21 May 2018
  • Company Research
We maintain a MARKET PERFORM rating with total return of 7.7%. We forecast 2018 EPS to grow 10.1% thanks to 6.0% retail sales volume growth and margin expansion from higher sales volume of E5 and RON95. Still, this is a downward revision vs our previous f