BTG Pactual initiates coverage of AGUA* with buy recommendation and $39 pesos target price

rotoplas_2

Grupo Rotoplas, S.A.B. de C.V. (BMV: AGUA*) (“Rotoplas” or “The Company”), the leading provider of water-solutions in the Americas, announces that yesterday BTG Pactual released the initiation of coverage of Grupo Rotoplas which highlights:

1. The level of ROIC is sustainable given its strong brands, technological advantages, quality and scale of the company.

2. Rotoplas has one of the most complete ESG strategies and profiles among listed companies in Mexico.

3. Growth potential associated with:

a. current solutions across all regions;

b. exposure to the growing water management segment in the US;

c. attractive expansion of services in Mexico;

d. growth in new product categories outside Mexico.

BTG Pactual’s coverage initiation report highlights Grupo Rotoplas’ story as a trifecta of growth, value creation and focus on sustainability.

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact Details

Mariana Fernández

mfernandez@rotoplas.com

María Fernanda Escobar 

mfescobar@rotoplas.com

 
About the Company
Grupo Rotoplas S.A.B. de C.V. is America’s leading provider of water solutions, including products and services for storing, piping, improving, treating and recycling water. With over 40 years of experience in the industry and 19 plants throughout the Americas, Rotoplas is present in 14 countries and has a portfolio that includes 27 product lines, a services platform and an e-commerce business. Grupo Rotoplas has been listed on the Mexican Stock Exchange (BMV) under the ticker “AGUA” since December 10, 2014.

Share our news:

LinkedIn
Twitter
WhatsApp
Email

Latest News