Reports on 3Q17



Date  Analyst  Title  Recommendation Target price 
14.11.2017  Degroof Petercam   The lead supplier but with some short term pressure  Add  € 50.00
10.11.2017   KBC  Very strong Q3, guidance maintained  Accumulate  € 47.00
10.11.2017  Degroof Petercam  Solid volumes but difficult to pass on raw material prices  Add  € 50.00
07.11.2017  KBC  Preview 3Q 2017  Accumulate  € 47.00

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