Opinions
Brett Girard, CPA, CA, CFA
Novozymes
NZYMB-CPH
PAST TOP PICK
Apr 25, 2023
N/A
Stock price when the opinion was issued
chemicals
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TOP PICK
They make things such as the additive that goes into cold-water detergent. Does 2.5 billion Euros in revenues plus 1 billion more with a Swiss company. But the market doesn't like this acquisition, because it diluted shares He liked the deal, because Novozymes did the buy without adding debt. Combined companies enlarges free cash flow and market share, which will be 50%. Will grow in time.