Alert: New purchase in the MarketScreener European portfolio

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07/10/2019 | 04:21 pm
We are selling Berkeley (BKG) today, after a stable performance, as the probability of an ordered Brexit scenario has declined in recent weeks and makes this bet on London real estate less attractive.

Instead, we enter a new stock in the European Investor Portfolio: Lindab International AB (LIAB).

We also rebalance the Portfolio by selling overweight securities - Alten, Tomra Systems and Euronext - to repurchase Fevertree Drinks and Glanbia securities.

Here is a brief presentation of this company. You will soon find a detailed analysis in your Stock Picks section, only available to subscribers.

Lindab International is a company based in Sweden, which carries out most of its activity in ventilation, heating and cooling solutions for buildings, roof drainage and technical coatings. It is selling - with a 10% margin - computer software, which enables designers and entrepreneurs to plan industrial and real estate projects. The company is mainly active in Northern, Central and Eastern Europe.

Not only should the activity be buoyant in the coming years due to climate and ecological trends via the theme of energy efficiency of buildings, but also the company has just entered the MarketScreener radar via its Stock Screener, thanks to excellent fundamentals, and especially a very good momentum in terms of consensus, visibility and revisions of profits & turnover. Finally, it offers the opportunity for geographical diversification for the European Portfolio, which is dominated by France, Germany and the United Kingdom. 2019
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