Siegfried Holding AG

SFZN: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CHF 9,713.00	Qlyvkh	Nctsfpwxh

Siegfried Earnings: Strong Outsourcing Demand Supports Growth; Positive Long-Term Outlook

Rachel Elfman

Aug 23, 2024

Narrow-moat Siegfried reported solid half-yearly results, highlighted by net sales of nearly CHF 620 million, representing growth of 3.5% versus the prior-year period. Siegfried is tracking our expectations, and we retain our fair value estimate of CHF 1,020 per share.

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