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NESTE Q3’24: No quick fixes

Neste

Neste: a new CEO is in place, but the short-term turmoil continues. The key uncertainty factors are the gross margin in Renewable Products and the current oversupply in the market. Valuation of the share is mixed and multiples very high with this year's weak performance - still long term potential. Analyst Petri Gostowski summarizes.

Content:
00:00 Intro
00:21 Q3
01:11 How can Neste improve the situation?
02:21 Oversupply in the market
02:59 Other key factors 
04:07 Valuation
05:54 Recommendation

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