ConvaTec Group PLC

CTEC: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	GBX 514.00	Xwqwdnf	Mqqjvyz

ConvaTec Remains On Track to Reach Our Full-Year Estimates; No Change to Our Fair Value Estimate

Debbie Wang

Nov 10, 2022

Narrow-moat ConvaTec released year-to-date revenue growth (covering the first 10 months of 2022) that generally matched our assumptions for the full year. After making slight adjustments for unfavorable foreign currency exchange that were offset by cash flows realized since our last update, we’re holding steady on our fair value estimate.

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