We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Univar (UNVR) Set to Distribute Wax Products of Poth Hille
Read MoreHide Full Article
Univar Solutions Inc. has been appointed as the distributor of wax products by Poth Hille & Co., Ltd. throughout Russia, Turkey, Europe and Ukraine.
The portfolio to be distributed by Univar consists of a broad range of natural and conventional waxes for skincare and cosmetic products. Notably, the addition will expand the company’s comprehensive offering of personal care and beauty products throughout the region.
Per Univar’s management, the distribution deal will help Poth Hille to expand their wax-based solutions to a broader geographical region. Moreover, it expects to bring the waxes into Europe, moving ahead.
Univar’s local product knowledge, extensive distribution network and comprehensive technical support are expected to offer a great opportunity to create new wax-based solutions on rising demand for certified natural, bio-based, plant-based and renewable ingredients, providing even greater value to customers.
The company’s shares have lost 17.3% over a year compared with a 14.5% decline recorded by its industry.
Univar, on its first-quarter earnings call, withdrew its 2020 adjusted EBITDA guidance on the impacts of the coronavirus outbreak.
Moreover, for 2020, the company reduced its expected capital expenditure to $95-$115 million from $120-$130 million.
Some better-ranked companies in the basic materials space are Agnico Eagle Mines Limited (AEM - Free Report) , AngloGold Ashanti Limited (AU - Free Report) and Franco-Nevada Corporation (FNV - Free Report) .
Agnico Eagle currently sports a Zacks Rank #1 (Strong Buy) and has a projected earnings growth rate of 53.6% for 2020. The company’s shares have gained 15.1% in a year. You can see the complete list of today’s Zacks #1 Rank stocks here.
AngloGold Ashanti has an expected earnings growth rate of 112.1% for 2020. The company’s shares have gained 43.6% in the past year. It presently flaunts a Zacks Rank #1.
Franco-Nevada has a projected earnings growth rate of 19.2% for the current year. The company’s shares have rallied around 55% in a year. It currently has a Zacks Rank #2 (Buy).
5 Stocks to Soar Past the Pandemic: In addition to the companies you learned about above, we invite you to learn about 5 cutting-edge stocks that could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of the decade. See the 5 high-tech stocks now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Univar (UNVR) Set to Distribute Wax Products of Poth Hille
Univar Solutions Inc. has been appointed as the distributor of wax products by Poth Hille & Co., Ltd. throughout Russia, Turkey, Europe and Ukraine.
The portfolio to be distributed by Univar consists of a broad range of natural and conventional waxes for skincare and cosmetic products. Notably, the addition will expand the company’s comprehensive offering of personal care and beauty products throughout the region.
Per Univar’s management, the distribution deal will help Poth Hille to expand their wax-based solutions to a broader geographical region. Moreover, it expects to bring the waxes into Europe, moving ahead.
Univar’s local product knowledge, extensive distribution network and comprehensive technical support are expected to offer a great opportunity to create new wax-based solutions on rising demand for certified natural, bio-based, plant-based and renewable ingredients, providing even greater value to customers.
The company’s shares have lost 17.3% over a year compared with a 14.5% decline recorded by its industry.
Univar, on its first-quarter earnings call, withdrew its 2020 adjusted EBITDA guidance on the impacts of the coronavirus outbreak.
Moreover, for 2020, the company reduced its expected capital expenditure to $95-$115 million from $120-$130 million.
Univar Inc. Price and Consensus
Univar Inc. price-consensus-chart | Univar Inc. Quote
Zacks Rank & Stocks to Consider
Univar currently carries a Zacks Rank #3 (Hold).
Some better-ranked companies in the basic materials space are Agnico Eagle Mines Limited (AEM - Free Report) , AngloGold Ashanti Limited (AU - Free Report) and Franco-Nevada Corporation (FNV - Free Report) .
Agnico Eagle currently sports a Zacks Rank #1 (Strong Buy) and has a projected earnings growth rate of 53.6% for 2020. The company’s shares have gained 15.1% in a year. You can see the complete list of today’s Zacks #1 Rank stocks here.
AngloGold Ashanti has an expected earnings growth rate of 112.1% for 2020. The company’s shares have gained 43.6% in the past year. It presently flaunts a Zacks Rank #1.
Franco-Nevada has a projected earnings growth rate of 19.2% for the current year. The company’s shares have rallied around 55% in a year. It currently has a Zacks Rank #2 (Buy).
5 Stocks to Soar Past the Pandemic: In addition to the companies you learned about above, we invite you to learn about 5 cutting-edge stocks that could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of the decade.
See the 5 high-tech stocks now>>