NN Group NV
NN: XAMS (NLD)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &$q | LOCK|vK# | LOCK|<gLXD<t< |
NN Group Earnings: Solid Beat Sets the Company up Well Versus Its Targets
A solid beat from NN has set it up well for the full year with better operating capital generation than company-compiled consensus. Operating profit is better than our estimates, but a loss on the disposal of Turkey and EUR 91 million in Future Ready investments have pulled down the bottom line.
