Ulvac （6728.T） Earnings Review： 4Q above expectations； mixed business environment for FY6/25， but management says medium~term plan targets within reach； Buy
Goldman Sachs·2024-08-14 02:59
13 August 2024 | 8:34PM JST Ulvac (6728.T) Buy Earnings Review: 40 above expectations; mixed business environment for FY6/25, but management says medium-term plan targets within reach; Buy 6728.T 12m Price Target: ¥12,000 Price: V8,249 Upside: 45.5% 4Q above expectations; FY6/25 guidance also cleared market expectations 4Q6/24 operating profits of ¥9.4 bn, reported after the August 13 close, were well above our estimate of ¥7.3 bn, guidance of ¥2.6 bn, and the Bloomberg consensus of around ¥5.5 bn. 4Q order ...