The Dutch telecom company has been one of the most recent Outperforms in our Quant model.
Cutting costs had been a proven way to stay relevant in this heavily regulated and competitive market. Recently the company has been showing a healthy growth. Part has to do with the successful roll out of fiber where the company has made solid steps. 📈
In this high inflation environment it it very unlikely that customers are going to cut back on data and mobile plans. So aside from all the operational improvements and a fortress balance sheet the company is likely to slice through the inflation head wind, where other companies and industries will struggle.
Good to have a company like this in portfolio as the economic Winter is coming.
For more information see www.acm-nl.com