Friday Morning Coffee 148: Some beneficiaries of rising input prices

230421 Friday Morning Coffee

Friday Morning Coffee 148: Some beneficiaries of rising input prices

Rising commodity prices leading to lower profit margins is the simple top-down assessment. In this case, this view may be too simplistic as the impact on corporate earnings is different by sector and by company. It largely depends on whether the companies can pass through the rising costs to its clients, the market position of the companies and of course the industry we look at. To illustrate our point, we choose in our European portfolio three examples on companies we think are dealing well or even benefitting from this environment:

 

(See attached pdf)