DSM-Firmenich AG
DSFIR: XAMS (NLD)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| brY | LOCK|^$ | LOCK|T$^Ms<$ |
DSM-Firmenich: Sales Growth Fueled by Customer Preorders but Outlook Confirmed; Shares Cheap
DSM-Firmenich reported 4% organic sales growth in the first quarter, driven entirely by volume across all segments. The company announced a dual listing on the SIX Swiss Exchange from May 21 and a EUR 540 million share buyback. Shares rose by about 7% on May 6.
