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LBTYA - Buzzi Unicem: An Italian Company With A Strong Balance Sheet
Liberty Global plc Class A Ordinary Shares
Introduction
Although the Mediterranean temperatures are currently covering most of the European continent, in this week’s edition of Focus on Europe, we are going to Italy to check up on Buzzi Unicem (BZZUF) (BZZUY), a cement and concrete company controlled and ruled by the Buzzi family. The company’s cash flows appear to be exceptionally strong and the uncertainty surrounding the economic climate appears to be the only thing dragging the share price down.
Did you miss last week’s review of Fnac Darty (GROPF) (GRUPF)? You