Dรกvid Varga
๐Ÿญ ๐—š๐—ฒ๐—ฟ๐—บ๐—ฎ๐—ป ๐—ถ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐—ถ๐—ฎ๐—น ๐˜๐—ถ๐˜๐—น๐—ฒ๐˜€ ๐—ฟ๐—ถ๐˜€๐—ถ๐—ป๐—ด ๐Ÿญ The multi-metal recycler $NDA.DE (Aurubis AG) raised its EBITA guidance for the year from EUR400 - 500 million to EUR500 - 600 million, more than 20%. The high metal (especially $COPPER ) prices boost the company;s results. The stock price reacts with a 10% jump. As Aurubis is one of our biggest holdings, this is real good news for us. The special chemicals producer $EVK.DE (Evonik) has suddenly announced today the confirmation of its guidance for the fiscal 2022, despite the supply chain issues and the war in Ukraine. This is quite a suprise, as when the war broke out Evonik and other German companies in the sector (like $BAS.DE (BASF SE) and $1COV.DE (Covestro) ) lost double-digit percentage from their market values. Is the sector more resilient than investors previously thought? We will see. All three companies' stock prices are jumping 2%+ intraday and are pushing the $GER40 further away from the 14k like. As all of the three mentioned companies can be found in the portfolio, this news is again really positive for us.