Bernard Horn Comments on Andritz AG

Guru stock highlight

Jul 18, 2019

Conversely, Andritz AG (WBO:ANDR)’s metals stamping segment was pressured by weak auto industry demand. Strong pulp demand may lead to continued demand for its pulp and paper capital equipment. The company revised down its full year outlook, while announcing more restructuring from the Schuler metal division.

From Bernard Horn (Trades, Portfolio)'s second-quarter 2019 Polaris Global Value Fund shareholder letter.

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