Corticeira Amorim
Stuck in a battle between progress and tradition, Amorim, the world's biggest cork producer, has sustainability on its side. Screw caps will continue to usurp cork stoppers at the value end, but...
Thesis
Stuck in a battle between progress and tradition, Amorim, the world's biggest cork producer, has sustainability on its side. Screw caps will continue to usurp cork stoppers at the value end, but price hikes and acquisitions will help the firm grow a bit for now. I rate the shares a Buy as they offer a 55% upside and a 9% internal rate of return (Iβ¦