ECP | Luxemburg, 31.07.2020
Following from our thoughts and discussion in our Friday Morning Coffee Nr 106, wherein we presented our Quality-Value framework and discussed one of our investments, the Belgian diaper producer Ontex; today we thought of revisiting our rationale and putting it into perspective after the company published its quarterly earnings results. We show here the same chart that we presented back then, and point to the change in the trend of the Quality score since the beginning of 2019, and that of the Value score since the beginning of 2020.
Mit freundlichen Grüssen aus Luxembourg
Léon Kirch, CIO & Partner
