Univar Solutions Said De-stocking Impacted The Company's Q4 2022 And Q1 2023 Results, But Has Generally Abated In Q2 2023
Portfolio Pulse from Charles Gross
Univar Solutions reported that de-stocking impacted the company's Q4 2022 and Q1 2023 results, but has generally abated in Q2 2023.
June 07, 2023 | 11:28 am
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NEUTRAL IMPACT
Univar Solutions' Q4 2022 and Q1 2023 results were negatively impacted by de-stocking, but the issue has generally abated in Q2 2023.
Univar Solutions' Q4 2022 and Q1 2023 results were negatively impacted by de-stocking, which is a short-term issue. As the issue has generally abated in Q2 2023, the company's stock price is likely to remain neutral in the short term, as investors may have already priced in the impact of de-stocking on the company's financial performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100