22 апреля 2014 Equity


1Q14 interim management statement: Significant cost savings achieved

Ferrexpo’s 1Q14 interim management statement issued last Thursday disclosed ongoing growth in the company’s sales and production, which was in line with the market expectations. The company continues ...

ICUEquityInsight-20140422.pdf  (0b)

18 апреля 2014 Equity


In search of a bottom

We are initiating coverage of Kernel, one of the high-ranked Ukrainian food producers. Once a growth leader and darling of investors, Kernel found itself in a difficult situation in recent years with ...

ICUEquityInsight-20140418.pdf  (2.4mb)